Insider Buying: The Berkeley Group Holdings plc (LON:BKG) Insider Acquires 2,816 Shares of Stock

The Berkeley Group Holdings plc (LON:BKG) insider Robert C. G. Perrins acquired 2,816 shares of The Berkeley Group stock in a transaction that occurred on Tuesday, July 15th. The shares were purchased at an average cost of GBX 3,550 ($47.53) per share, with a total value of £99,968 ($133,843.89).

The Berkeley Group Price Performance

LON BKG opened at GBX 3,652 ($48.90) on Wednesday. The Berkeley Group Holdings plc has a fifty-two week low of GBX 3,462 ($46.35) and a fifty-two week high of GBX 5,588.54 ($74.82). The stock’s 50-day moving average is GBX 4,045.12 and its two-hundred day moving average is GBX 3,860.29. The company has a debt-to-equity ratio of 18.66, a current ratio of 3.39 and a quick ratio of 0.57. The firm has a market cap of £3.64 billion, a P/E ratio of 9.71, a price-to-earnings-growth ratio of -0.87 and a beta of 1.22.

Wall Street Analysts Forecast Growth

Separately, Royal Bank Of Canada raised The Berkeley Group to an “outperform” rating and lifted their price objective for the company from GBX 4,550 ($60.92) to GBX 4,900 ($65.60) in a research report on Wednesday, July 9th.

About The Berkeley Group

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.