The Berkeley Group (LON:BKG) Insider Neil Eady Buys 1,325 Shares

Key Points

• Insider Neil Eady purchased 1,325 shares of The Berkeley Group at an average cost of GBX 3,773 per share, totaling nearly £50,000.
• The stock price of The Berkeley Group rose to GBX 3,836, with a recent trading volume of 370,999 shares.
• Several brokerages, including UBS and Royal Bank of Canada, have issued "buy" ratings on the stock, with a consensus price target around GBX 4,891.25.

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) insider Neil Eady purchased 1,325 shares of the company's stock in a transaction on Monday, September 29th. The stock was acquired at an average cost of GBX 3,773 per share, for a total transaction of £49,992.25.

The Berkeley Group Stock Performance

Shares of BKG traded up GBX 26 on Tuesday, reaching GBX 3,836. 370,999 shares of the stock traded hands, compared to its average volume of 816,250. The firm has a market cap of £3.67 billion, a price-to-earnings ratio of 1,036.76, a P/E/G ratio of -0.87 and a beta of 1.22. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The Berkeley Group Holdings plc has a 12 month low of GBX 3,462 and a 12 month high of GBX 4,906. The stock's 50-day moving average price is GBX 3,679.54 and its 200-day moving average price is GBX 3,840.71.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BKG. UBS Group reiterated a "buy" rating and issued a GBX 4,965 price target on shares of The Berkeley Group in a research report on Friday, August 15th. Royal Bank Of Canada raised The Berkeley Group to an "outperform" rating and boosted their price objective for the stock from GBX 4,550 to GBX 4,900 in a research note on Wednesday, July 9th. Finally, Berenberg Bank reissued a "buy" rating and issued a GBX 5,000 price objective on shares of The Berkeley Group in a research note on Monday, September 8th. Three research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, The Berkeley Group presently has an average rating of "Moderate Buy" and a consensus price target of GBX 4,891.25.

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.

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