Berkeley Group Holdings PLC 12.5% Potential Decrease Indicated by Berenberg

Broker Ratings
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Berkeley Group Holdings PLC with EPIC/TICKER (LON:BKG) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Berenberg. Berkeley Group Holdings PLC are listed in the Consumer Goods sector within UK Main Market. Berenberg have set their target price at 3280 GBX on its stock. This indicates the analyst believes there is a potential downside of -12.5% from today’s opening price of 3750 GBX. Over the last 30 and 90 trading days the company share price has increased 271 points and increased 394 points respectively. The 52 week high share price is 4338 GBX while the year low stock price is currently 3170 GBX.

Berkeley Group Holdings PLC has a 50 day moving average of 3,557.21 GBX and a 200 Day Moving Average share price is recorded at 3,739.24. There are currently 129,015,283 shares in issue with the average daily volume traded being 617,241. Market capitalisation for LON:BKG is £4,900,000,448 GBP.

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    Berkeley Group Holdings reports a strong pre-tax profit of £275 million for the first half of 2024, despite challenging market conditions.

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