N Brown Group Given Outperform Rating at Credit Suisse (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse in a report issued on Thursday, Stock Ratings Network.com reports. They currently have a GBX 620 ($10.22) target price on the stock. Credit Suisse’s price target indicates a potential upside of 10.81% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at N+1 Singer reiterated a “buy” rating on shares of N Brown Group in a research note to investors on Thursday. They now have a GBX 550 ($9.06) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of N Brown Group from GBX 575 ($9.48) to GBX 630 ($10.38) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Finally, analysts at Oriel Securities Ltd reiterated a “buy” rating on shares of N Brown Group in a research note to investors on Friday, January 10th. They now have a GBX 600 ($9.89) price target on the stock. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 508.67 ($8.38).
Shares of N Brown Group (LON:BWNG) traded down 0.99% during mid-day trading on Thursday, hitting GBX 553.98. 510,011 shares of the company’s stock traded hands. N Brown Group has a 52-week low of GBX 354.735 and a 52-week high of GBX 578.00. The stock’s 50-day moving average is GBX 529.5 and its 200-day moving average is GBX 525.5. The company’s market cap is £1.549 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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