Brammer Now Covered by Analysts at N+1 Singer (BRAM)
Research analysts at N+1 Singer assumed coverage on shares of Brammer (LON:BRAM) in a report released on Tuesday, American Banking and Market News reports. The firm set a “sell” rating and a GBX 440 ($7.22) price target on the stock. N+1 Singer’s price objective would suggest a potential downside of 6.78% from the stock’s previous close.
A number of other firms have also recently commented on BRAM. Analysts at Investec upgraded shares of Brammer to a “hold” rating in a research note to investors on Tuesday, January 7th. They now have a GBX 470 ($7.72) price target on the stock, up previously from GBX 440 ($7.22). Separately, analysts at Jefferies Group raised their price target on shares of Brammer from GBX 340 ($5.58) to GBX 425 ($6.98) in a research note to investors on Thursday, November 21st. They now have a “hold” rating on the stock. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of “Hold” and an average target price of GBX 421.60 ($6.92).
Shares of Brammer (LON:BRAM) traded down 0.16% on Tuesday, hitting GBX 466.25. 3,743 shares of the company’s stock traded hands. Brammer has a one year low of GBX 307.00 and a one year high of GBX 500.00. The stock’s 50-day moving average is GBX 453.8 and its 200-day moving average is GBX 444.0. The company’s market cap is £547.1 million.
Brammer plc is a United Kingdom-based holding company. The Company is engaged in the provision of business to business services.
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