Cantor Fitzgerald Europe Reiterates “Hold” Rating for N Brown Group (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “hold” rating reaffirmed by equities researchers at Cantor Fitzgerald Europe in a research report issued on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 540 ($8.86) target price on the stock. Cantor Fitzgerald Europe’s price target points to a potential downside of 2.88% from the company’s current price.
BWNG has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of N Brown Group in a research note to investors on Thursday, January 16th. They now have a GBX 620 ($10.18) 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 Thursday, January 16th. They now have a GBX 550 ($9.03) price target on the stock. Finally, analysts at Jefferies Group raised their price target on shares of N Brown Group from GBX 575 ($9.44) to GBX 630 ($10.34) in a research note to investors on Thursday, January 16th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 510.91 ($8.39).
N Brown Group (LON:BWNG) traded down 0.72% during mid-day trading on Wednesday, hitting GBX 552.00. The stock had a trading volume of 58,991 shares. N Brown Group has a one year low of GBX 354.735 and a one year high of GBX 578.00. The stock has a 50-day moving average of GBX 531.3 and a 200-day moving average of GBX 527.5. The company’s market cap is £1.543 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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