Berkeley Group Holdings (The) (BKG)

Sector:

Household Goods

Index:

FTSE 100

4,652.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 4,940.00
  • 52 Week Low: 3,773.00
  • Currency: UK Pounds
  • Shares Issued: 105.93m
  • Volume: 190,547
  • Market Cap: £4,927.75m
  • RiskGrade: 234

BoA stays at 'buy' on Berkeley Group, nudges target price higher

By Alexander Bueso

Date: Thursday 09 Dec 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Bank of America nudged up their target price for shares of Berkeley Group from 5,739.0p to 5,800.0p after the homebuilder said that pricing was "firm" and guided higher for its average selling prices.
Berkeley Group was now expecting an ASP of £580,000-590,000 and alongside its half-year numbers it noted some easing in supply chain constraints.

However, while the analysts raised their estimates for the builder's profits before tax across fiscal years 2022-24 by an average of 9.0%, their estimates for its earnings per share only went up by 3% - due to higher expected taxes.

They also reiterated their 'buy' recommendation on the stock, noting not just the company's improved demand and pricing in the Greater London area, but also its lower exposure to Help-to-Buy, strong financial position and the medium-term upside to completions and results.



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BKG Market Data

Currency UK Pounds
Share Price 4,652.00p
Change Today 6.00p
% Change 0.13 %
52 Week High 4,940.00
52 Week Low 3,773.00
Volume 190,547
Shares Issued 105.93m
Market Cap £4,927.75m
RiskGrade 234

BKG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
53.3% below the market average53.3% below the market average53.3% below the market average53.3% below the market average53.3% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Price Trend
65.83% above the market average65.83% above the market average65.83% above the market average65.83% above the market average65.83% above the market average
23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average23.08% above the sector average
Income
15.79% above the market average15.79% above the market average15.79% above the market average15.79% above the market average15.79% above the market average
26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average26.32% below the sector average
Growth
34.33% below the market average34.33% below the market average34.33% below the market average34.33% below the market average34.33% below the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 7
Sell 4
Strong Sell 0
Total 15
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BKG Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Mar-24 17-Aug-23
Paid 28-Mar-24 08-Sep-23
Amount 33.00p 59.30p

Trades for 25-Apr-2024

Time Volume / Share Price
16:35 92,822 @ 4,652.00p
16:35 20 @ 4,652.00p
16:35 173 @ 4,652.00p
16:35 269 @ 4,652.00p
16:35 269 @ 4,652.00p

BKG Key Personnel

CEO Robert C G Perrins
Finance Director Richard Stearn

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