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

JPMorgan Chase & Co. reiterated their neutral rating on shares of The Berkeley Group (LON:BKG) in a report issued on Wednesday morning, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a GBX 5,000 ($64.92) price target on the stock.

The Berkeley Group Stock Performance

LON:BKG opened at GBX 4,654 ($60.43) on Wednesday. The firm has a market capitalization of £4.75 billion, a PE ratio of 1,208.83, a PEG ratio of -0.87 and a beta of 1.22. The Berkeley Group has a 1 year low of GBX 4,106.25 ($53.31) and a 1 year high of GBX 5,588.54 ($72.56). The company has a current ratio of 3.39, a quick ratio of 0.57 and a debt-to-equity ratio of 18.66. The firm’s fifty day simple moving average is GBX 4,921.51 and its 200 day simple moving average is GBX 4,918.21.

Insider Activity

In other The Berkeley Group news, insider Richard Stearn sold 3,105 shares of The Berkeley Group stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of GBX 4,720 ($61.28), for a total value of £146,556 ($190,283.04). In related news, insider Robert C. G. Perrins sold 200,000 shares of the stock in a transaction dated Friday, August 16th. The shares were sold at an average price of GBX 5,248 ($68.14), for a total value of £10,496,000 ($13,627,629.19). Also, insider Richard Stearn sold 3,105 shares of The Berkeley Group stock in a transaction dated Monday, September 30th. The stock was sold at an average price of GBX 4,720 ($61.28), for a total value of £146,556 ($190,283.04). 4.84% of the stock is currently owned by company insiders.

The Berkeley Group Company Profile

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 also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.