N Brown Group Rating Reiterated by Bank of America Corp. (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “underperform” rating reiterated by stock analysts at Bank of America Corp. in a report issued on Monday, American Banking and Market News reports. They currently have a GBX 450 ($7.21) target price on the stock. Bank of America Corp.’s price target would suggest a potential downside of 13.71% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of N Brown Group (LON:BWNG) in a research note to investors on Wednesday, September 4th. They now have a GBX 435 ($6.97) price target on the stock. Separately, analysts at BNP Paribas reiterated an “underperform” rating on shares of N Brown Group (LON:BWNG) in a research note to investors on Tuesday, September 3rd. They now have a GBX 460 ($7.37) price target on the stock, up previously from GBX 370 ($5.93). Finally, analysts at Credit Suisse upgraded shares of N Brown Group (LON:BWNG) from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, August 21st. They now have a GBX 620 ($9.93) price target on the stock, up previously from GBX 455 ($7.29).
Two research analysts have rated the stock with a sell rating, six have issued a hold rating and seven have given a buy rating to the stock. N Brown Group presently has an average rating of “Hold” and a consensus target price of GBX 452.37 ($7.25).
Shares of N Brown Group (LON:BWNG) traded down 0.19% on Monday, hitting GBX 521.50. The stock had a trading volume of 293,817 shares. N Brown Group has a one year low of GBX 262.00 and a one year high of GBX 578.00. The stock’s 50-day moving average is GBX 546.8 and its 200-day moving average is GBX 472.6. The company’s market cap is £1.456 billion.
N Brown Group plc is an Internet and catalogue home shopping company. The Company is engaged in retailing through direct home shopping.
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