Berkeley Group Holdings PLC 40.8% Potential Upside Indicated by HSBC

Broker Ratings
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Berkeley Group Holdings PLC using EPIC/TICKER code (LON:BKG) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at HSBC. Berkeley Group Holdings PLC are listed in the Consumer Goods sector within UK Main Market. HSBC have set their target price at 6330 GBX on its stock. This indicates the analyst now believes there is a potential upside of 40.8% from today’s opening price of 4497 GBX. Over the last 30 and 90 trading days the company share price has increased 375 points and increased 1062 points respectively. The 1 year high for the share price is 5562 GBX while the 52 week low for the share price is 3041 GBX.

Berkeley Group Holdings PLC has a 50 day moving average of 4,244.10 GBX and the 200 Day Moving Average price is recorded at 4,521.01. There are currently 125,706,982 shares in issue with the average daily volume traded being 847,351. Market capitalisation for LON:BKG is £5,690,755,075 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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