Barclays upgraded Berkeley Group (BKGFY) to Overweight from Equal Weight with a price target of 5,322 GBp, up from 5,065 GBp. The firm has a positive outlook on the UK housebuilding sector for 2025. It sees limited earnings risk and thinks that, following a 25% sell-off of the sector through Q4, fundamental valuation screens as attractive, even if recovery in sector returns is slow.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKGFY:
- Berkeley Group price target lowered to 4,700 GBp from 4,950 GBp at RBC Capital
- Berkeley Group price target lowered to 4,200 GBp from 4,546 GBp at Morgan Stanley
- Berkeley Group price target lowered to 5,500 GBp from 6,200 GBp at Berenberg
- Berkeley Group upgraded to Add from Hold at Peel Hunt
- Berkeley Group Announces Strong Interim Results