X

Get our occasional Market Report emails

sent straight to your inbox

There’s no charge for this.

Getting latest data loading
X

Request a Call to Trade

In addition to the daily Research emails, I would also like to receive the Accendo Markets Weekly Newsletter and occasional Market Report emails highlighting various trading opportunities.
When you enter your telephone number, we may call or message you occasionally with trading opportunities. You can opt out at any time
Home / Momentum / The Berkeley Holdings (BKG.L) 23-04-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

The Berkeley Holdings (BKG.L) 23-04-20

Will shares in The Berkeley Holdings (BKG.L) continue to rally, setting new recent highs?

  • Now trading at 4107p (at time of writing), the price performance has been very strong.
  • Will it come to an end, or is this trend your friend?
  • Whilst momentum has been strong, traders should remember that past performance is not necessarily an indication of the future.
  • Shares -25% from 12-month highs; +31% from 12 month lows.

Latest News

21 Apr:  Jefferies International reiterates its buy rating on Berkeley Group Holdings (The) (BKG) and reduced the target price to 5727p (from 5779p).

17 Apr:  Liberum Capital has upgraded its rating on Berkeley Group Holdings (The) (BKG) to hold (from sell).

08 Apr:  Deutsche Bank has upgraded its rating on Berkeley Group Holdings (The) (BKG) to hold (from sell) and reduced the target price to 3966p (from 3990p).

06 Apr:  HSBC reiterates its buy rating on Berkeley Group Holdings (The) (BKG) and reduced the target price to 5940p (from 6620p).

31 Mar:  JP Morgan Cazenove has upgraded its rating on Berkeley Group Holdings (The) (BKG) up to overweight (from neutral) and reduced the target price to 4520p (from 5370p).   ovided…

27 Mar:  Berkeley, the house-builder, issued a profit warning as it halted developments, though the business announced it would pay the upcoming dividend.

27 Mar:  Berenberg reiterates its hold rating on Berkeley Group Holdings (The) (BKG) and reduced the target price to 3160p (from 3830p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

Click to enlarge

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.


Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.