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The Berkeley Group Holdings ( (GB:BKG) ) just unveiled an update.
The Berkeley Group Holdings plc announced the purchase and cancellation of 65,000 ordinary shares, executed through Barclays Bank, as part of its share buyback program authorized by shareholders. This transaction reduces the total number of shares in issue to 97,710,751, impacting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:BKG) stock is a Hold with a £5115.18 price target. To see the full list of analyst forecasts on The Berkeley Group Holdings stock, see the GB:BKG Stock Forecast page.
Spark’s Take on GB:BKG Stock
According to Spark, TipRanks’ AI Analyst, GB:BKG is a Outperform.
The overall score reflects strong valuation and financial stability, offset by neutral technical indicators. The absence of earnings call data limits insights into recent performance momentum.
To see Spark’s full report on GB:BKG stock, click here.
More about The Berkeley Group Holdings
The Berkeley Group Holdings plc operates in the real estate industry, focusing on residential property development. It is known for creating sustainable, high-quality homes and communities primarily in London and the South East of England.
Average Trading Volume: 458,579
Technical Sentiment Signal: Sell
Current Market Cap: £3.59B
Learn more about BKG stock on TipRanks’ Stock Analysis page.