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The Berkeley Group (OTCMKTS:BKGFY) Upgraded by UBS Group to Strong-Buy Rating

The Berkeley Group logo with Finance background

UBS Group upgraded shares of The Berkeley Group (OTCMKTS:BKGFY - Free Report) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports.

Separately, Barclays upgraded The Berkeley Group from a "hold" rating to a "strong-buy" rating in a research note on Monday, January 6th.

Check Out Our Latest Research Report on The Berkeley Group

The Berkeley Group Price Performance

The Berkeley Group stock traded up $0.14 during mid-day trading on Monday, reaching $11.58. 109,534 shares of the company traded hands, compared to its average volume of 275,753. The Berkeley Group has a fifty-two week low of $8.48 and a fifty-two week high of $15.11. The firm's fifty day moving average is $9.81 and its two-hundred day moving average is $10.19. The company has a current ratio of 3.46, a quick ratio of 0.66 and a debt-to-equity ratio of 0.19.

The Berkeley Group Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 14th. Shareholders of record on Monday, March 10th were paid a dividend of $0.0833 per share. The ex-dividend date of this dividend was Monday, March 10th.

The Berkeley Group Company Profile

(Get Free Report)

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.

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