The Berkeley Group’s (BKG) Neutral Rating Reaffirmed at JPMorgan Chase & Co.

The Berkeley Group (LON:BKG)‘s stock had its “neutral” rating restated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Friday, Marketbeat.com reports.

Separately, Royal Bank of Canada downgraded The Berkeley Group to an “underperform” rating and set a GBX 4,950 ($62.61) price objective on the stock. in a report on Friday, April 12th.

The Berkeley Group Stock Performance

LON BKG opened at GBX 4,820 ($60.97) on Friday. The company has a market cap of £5.11 billion, a P/E ratio of 1,146.79, a P/E/G ratio of -0.87 and a beta of 1.18. The business’s 50 day moving average price is GBX 5,020.80 and its 200-day moving average price is GBX 4,814.90. The Berkeley Group has a fifty-two week low of GBX 3,801 ($48.08) and a fifty-two week high of GBX 5,360 ($67.80). The company has a debt-to-equity ratio of 19.49, a quick ratio of 0.57 and a current ratio of 3.57.

Insider Activity

In other The Berkeley Group news, insider Rachel Downey acquired 422 shares of The Berkeley Group stock in a transaction that occurred on Friday, June 21st. The stock was bought at an average price of GBX 4,712 ($59.60) per share, with a total value of £19,884.64 ($25,151.33). Insiders own 4.52% of the company’s stock.

About The Berkeley Group

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.