UK's Berkeley climbs on resilient demand outlook

Berkeley group

Today 08:37

**  Shares of British homebuilder Berkeley BKGH.L up 4.6% at 3,604p, their biggest one-day gain in over 2-1/2 months
**  The luxury homebuilder said it was encouraged by customer interest levels, with transaction levels remaining resilient among needs-driven and cash-rich buyers
** Co reiterated its four-year PBT guidance of more than £1.4 billion ($1.85 billion) over FY27-30
** Of 19 analysts covering BKGH, eight rate it "buy" or better, eight "hold" and three "sell"; median PT 3,700p - LSEG-compiled data
** YTD, stock down nearly 8%


($1 = 0.7580 pounds)

 (Reporting by Amna Mariyam in Bengaluru)
 ((amna.mariyam@thomsonreuters.com; 8448625620))