N Brown Group’s Hold Rating Reaffirmed at Cantor Fitzgerald Europe (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “hold” rating reiterated by equities research analysts at Cantor Fitzgerald Europe in a research note issued to investors on Wednesday, AmericanBankingNews.com reports. They currently have a GBX 540 ($8.86) price target on the stock. Cantor Fitzgerald Europe’s price target suggests a potential downside of 2.88% from the company’s current price.
Shares of N Brown Group (LON:BWNG) opened at 554.00 on Wednesday. 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 531.3 and its 200-day moving average is GBX 527.5. The company’s market cap is £1.549 billion.
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 analysts have rated the stock with a sell rating, six have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of GBX 510.91 ($8.39).
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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