N Brown Group Receives Buy Rating from Nplus1 Brewin (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “buy” rating reaffirmed by equities research analysts at Nplus1 Brewin in a research note issued to investors on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 540 ($8.66) price objective on the stock. Nplus1 Brewin’s price objective suggests a potential upside of 4.75% from the company’s current price.
Shares of N Brown Group (LON:BWNG) traded down 5.97% on Wednesday, hitting GBX 484.70. The stock had a trading volume of 332,221 shares. N Brown Group has a 52-week low of GBX 263.60 and a 52-week high of GBX 578.00. The stock has a 50-day moving average of GBX 546.8 and a 200-day moving average of GBX 472.6. The company’s market cap is £1.353 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group reiterated a “buy” rating on shares of N Brown Group in a research note to investors on Wednesday. They now have a GBX 500 ($8.02) price target on the stock. Separately, analysts at N+1 Singer reiterated a “buy” rating on shares of N Brown Group in a research note to investors on Wednesday. They now have a GBX 540 ($8.66) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of N Brown Group in a research note to investors on Friday, October 4th. They now have a GBX 435 ($6.98) price target on the stock. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of GBX 485.98 ($7.80).
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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