Berkeley Group (OTCMKTS:BKGFY) Upgraded by Kepler Capital Markets to "Hold" Rating

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 research note published on Wednesday,Zacks.com reports.

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

Berkeley Group Price Performance

BKGFY traded down $0.09 during trading on Wednesday, hitting $9.68. 190,695 shares of the company's stock were exchanged, compared to its average volume of 317,935. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.36 and a quick ratio of 0.61. Berkeley Group has a 1 year low of $8.48 and a 1 year high of $15.11. The stock has a 50 day moving average price of $10.76 and a 200 day moving average price of $10.18.

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.