Berkeley Group (OTCMKTS:BKGFY) Upgraded at Kepler Capital Markets

Key Points

• Berkeley Group has been upgraded to a "hold" rating by Kepler Capital Markets, following similar upgrades from UBS and Royal Bank Of Canada in recent months.
• The company's stock opened at $9.77, with a 52-week low of $8.48 and a high of $15.11, highlighting significant price fluctuations over the year.
• Berkeley Group operates in the UK’s residential and mixed-use property development sector under multiple brand names, indicating its diverse business model.

Kepler Capital Markets upgraded shares of Berkeley Group (OTCMKTS:BKGFY - Free Report) to a hold rating in a report released on Wednesday, July 23rd,Zacks.com reports.

Other research analysts have also issued reports about the stock. UBS Group upgraded shares of Berkeley Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, April 28th. Royal Bank Of Canada upgraded shares of Berkeley Group from a "strong sell" rating to a "moderate buy" rating in a research note on Wednesday, July 9th.

Berkeley Group Stock Down 0.6%

Shares of OTCMKTS:BKGFY traded down $0.06 during midday trading on Wednesday, reaching $9.66. 32,618 shares of the company were exchanged, compared to its average volume of 238,671. Berkeley Group has a fifty-two week low of $8.48 and a fifty-two week high of $15.11. The company has a current ratio of 3.36, a quick ratio of 0.61 and a debt-to-equity ratio of 0.19. The stock has a fifty day simple moving average of $10.72 and a two-hundred day simple moving average of $10.19.

Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.