Berenberg Bank reaffirmed their hold rating on shares of BERKELEY GRP HO/ADR (OTCMKTS:BKGFY) in a research note issued to investors on Monday, The Fly reports.
Several other research firms have also weighed in on BKGFY. Morgan Stanley reaffirmed an underweight rating on shares of BERKELEY GRP HO/ADR in a report on Monday, June 15th. Zacks Investment Research cut shares of BERKELEY GRP HO/ADR from a buy rating to a hold rating in a research note on Tuesday, June 23rd. JPMorgan Chase & Co. reiterated an overweight rating on shares of BERKELEY GRP HO/ADR in a research note on Friday, September 11th. Bank of America upgraded BERKELEY GRP HO/ADR from a neutral rating to a buy rating in a research report on Tuesday, June 23rd. Finally, Deutsche Bank reaffirmed a hold rating on shares of BERKELEY GRP HO/ADR in a report on Friday, June 19th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus target price of $55.00.
Shares of OTCMKTS:BKGFY opened at $54.33 on Monday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.74 and a quick ratio of 0.89. The business’s fifty day moving average price is $58.67 and its two-hundred day moving average price is $53.61. BERKELEY GRP HO/ADR has a fifty-two week low of $38.11 and a fifty-two week high of $77.67. The stock has a market capitalization of $6.83 billion, a price-to-earnings ratio of 13.69 and a beta of 1.02.
The business also recently announced a Semi-Annual dividend, which was paid on Monday, September 28th. Shareholders of record on Thursday, August 27th were paid a $1.354 dividend. The ex-dividend date was Wednesday, August 26th. This is an increase from BERKELEY GRP HO/ADR’s previous Semi-Annual dividend of $0.08. BERKELEY GRP HO/ADR’s payout ratio is currently 66.50%.
About BERKELEY GRP HO/ADR
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.
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