JPMorgan Chase & Co. Has Lowered Expectations for The Berkeley Group (LON:BKG) Stock Price

Key Points

• JPMorgan cut its target for The Berkeley Group from GBX 5,000 to GBX 4,200 but kept an overweight rating; the GBX 4,200 target implies about a 32.6% upside from the stock’s current price and is close to the consensus target of GBX 4,133 (average rating: Moderate Buy).
• Berkeley paused land purchases and rephased its 2035 strategy — a material operational update that drove shares down as much as 14% and to a one‑year low, raising near‑term growth and delivery uncertainty.
• Despite the setback, insider buying by the executive chair and a person closely associated with the CFO, along with Bank of America’s upgrade to "buy," signal continued investor confidence among some stakeholders.

The Berkeley Group (LON:BKG - Get Free Report) had its target price reduced by research analysts at JPMorgan Chase & Co. from GBX 5,000 to GBX 4,200 in a research note issued on Thursday,London Stock Exchange reports. The brokerage currently has an "overweight" rating on the stock. JPMorgan Chase & Co.'s price objective points to a potential upside of 32.58% from the company's current price.

A number of other research firms have also commented on BKG. Bank of America upgraded shares of The Berkeley Group to a "buy" rating and cut their price objective for the company from GBX 4,080 to GBX 4,020 in a research report on Monday. Royal Bank Of Canada upgraded shares of The Berkeley Group to a "sector perform" rating and set a GBX 3,900 target price on the stock in a research note on Wednesday. Four analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of GBX 4,133.17.

The Berkeley Group Price Performance

BKG stock traded up GBX 64 during mid-day trading on Thursday, reaching GBX 3,168. 950,794 shares of the company traded hands, compared to its average volume of 1,085,736. The company has a fifty day moving average price of GBX 3,992.22 and a 200-day moving average price of GBX 3,919.74. The Berkeley Group has a 52-week low of GBX 2,796 and a 52-week high of GBX 4,442. The company has a market capitalization of £2.99 billion, a P/E ratio of 8.62, a P/E/G ratio of -0.87 and a beta of 1.19. The company has a debt-to-equity ratio of 18.94, a current ratio of 3.54 and a quick ratio of 0.57.

Key Headlines Impacting The Berkeley Group

Here are the key news stories impacting The Berkeley Group this week:

• Positive Sentiment: Executive chair increased their stake, signalling insider confidence that can support the share price. Berkeley Group Executive Chair Increases Stake with Share Purchase
• Positive Sentiment: Disclosure that the CFO’s closely associated person bought shares — another insider purchase that may be viewed as a vote of confidence in management’s outlook. Berkeley Group Discloses Share Purchase by CFO’s Closely Associated Person
• Positive Sentiment: Bank of America upgraded its rating on BKG, which can attract investor interest and support demand. The Berkeley Group LON: BKG Stock Rating Upgraded by Bank of America
• Positive Sentiment: Royal Bank of Canada raised its view to “sector perform” and set a GBX 3,900 target — provides an institutional floor for expectations. London Stock Exchange Broker Ratings
• Neutral Sentiment: Update on share capital and voting rights as of 31 March 2026 — administrative disclosure; monitor for any future capital actions. Berkeley Group Updates Share Capital and Voting Rights Total
• Neutral Sentiment: Investors Chronicle live coverage provides market commentary on Berkeley and peers — useful for context but not a direct catalyst. Berkeley & Babcock: Markets live
• Negative Sentiment: Berkeley paused land purchases and has rephased its 2035 strategy — a materially negative operational update that drove a sharp intraday share decline in earlier trading, raising near-term growth and delivery uncertainty. Berkeley Group Shares Slide 14% as Developer Pauses Land Buys, Rephases 2035 Strategy
• Negative Sentiment: Coverage noting the stock hit a new one-year low underscores current investor caution and downside pressure. The Berkeley Group LON: BKG Hits New 1-Year Low - Should You Sell?

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England. Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people's lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders. We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.

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