Billabong International Stock Rating Reaffirmed by JPMorgan Chase & Co. (BBG)
Billabong International (ASX:BBG)‘s stock had its “underweight” rating reiterated by JPMorgan Chase & Co. in a research note issued on Tuesday, AnalystRatingsNetwork.com reports.
Billabong International (ASX:BBG) traded up 2.08% during mid-day trading on Tuesday, hitting A$0.3675. 1,127,317 shares of the company’s stock traded hands. Billabong International has a 52 week low of A$0.122 and a 52 week high of A$1.325. The stock’s 50-day moving average is A$0.48 and its 200-day moving average is A$0.44. The company’s market cap is A$174.4 million.
BBG has been the subject of a number of other recent research reports. Analysts at CIMB reiterated a “neutral” rating on shares of Billabong International (ASX:BBG) in a research note to investors on Friday, September 13th.
Billabong International Limited is an Australia-based company. The Company is engaged in the wholesaling and retailing of surf, skate, snow and sports apparel, accessories and hardware, and the licensing of its trademarks to specified regions of the world.
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