Berkeley Group Holdings PLC 15.3% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings
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Berkeley Group Holdings PLC with EPIC/TICKER (LON:BKG) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Berkeley Group Holdings PLC are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set a target price of 4900 GBX on its stock. This would imply the analyst believes there is now a potential upside of 15.3% from the opening price of 4250 GBX. Over the last 30 and 90 trading days the company share price has decreased 44 points and increased 809 points respectively. The 1 year high for the share price is 5562 GBX while the 52 week low for the stock is 3041 GBX.

Berkeley Group Holdings PLC has a 50 day moving average of 4,282.91 GBX and a 200 day moving average of 4,525.33. There are currently 926,683,079 shares in issue with the average daily volume traded being 727,987. Market capitalisation for LON:BKG is £5,274,664,964 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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