JPMorgan Chase & Co. Lowers The Berkeley Group (LON:BKG) to Neutral

The Berkeley Group (LON:BKG - Get Free Report) was downgraded by equities researchers at JPMorgan Chase & Co. to a "neutral" rating in a note issued to investors on Friday, Marketbeat Ratings reports.

Several other research analysts have also recently issued reports on the stock. Royal Bank of Canada cut shares of The Berkeley Group to an "underperform" rating and set a GBX 4,950 ($62.65) target price on the stock. in a report on Friday. Peel Hunt downgraded shares of The Berkeley Group to a "hold" rating and set a GBX 4,450 ($56.32) price objective on the stock. in a research note on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of GBX 4,614.86 ($58.41).

The Berkeley Group Trading Down 0.0 %

Shares of LON:BKG traded down GBX 2 ($0.03) during trading on Friday, reaching GBX 4,562 ($57.74). 252,924 shares of the company were exchanged, compared to its average volume of 233,286. The business's fifty day simple moving average is GBX 4,679.40 and its 200-day simple moving average is GBX 4,550.77. The company has a debt-to-equity ratio of 19.49, a current ratio of 3.57 and a quick ratio of 0.57. The Berkeley Group has a 12-month low of GBX 3,634 ($45.99) and a 12-month high of GBX 4,980 ($63.03). The firm has a market capitalization of £4.84 billion, a PE ratio of 1,085.04, a P/E/G ratio of -0.87 and a beta of 1.19.

Insider Buying and Selling at The Berkeley Group

In other The Berkeley Group news, insider Sarah Sands bought 319 shares of The Berkeley Group stock in a transaction that occurred on Tuesday, March 26th. The shares were bought at an average cost of GBX 4,698 ($59.46) per share, with a total value of £14,986.62 ($18,968.00). 4.86% of the stock is owned by insiders.

The 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.