N Brown Group’s “Buy” Rating Reaffirmed at N+1 Singer (BWNG)
N Brown Group (LON:BWNG)‘s stock had its “buy” rating reaffirmed by equities research analysts at N+1 Singer in a research note issued to investors on Wednesday, American Banking News reports. They currently have a GBX 630 ($10.35) target price on the stock. N+1 Singer’s price target suggests a potential upside of 19.54% from the stock’s previous close.
Shares of N Brown Group (LON:BWNG) opened at 529.50 on Wednesday. N Brown Group has a 52-week low of GBX 374.606 and a 52-week high of GBX 578.00. The stock’s 50-day moving average is GBX 535.8 and its 200-day moving average is GBX 530.1. The company’s market cap is £1.480 billion.
BWNG has been the subject of a number of other recent research reports. Analysts at Nplus1 Brewin reiterated a “buy” rating on shares of N Brown Group in a research note to investors on Wednesday. They now have a GBX 630 ($10.35) price target on the stock. Separately, analysts at BNP Paribas raised their price target on shares of N Brown Group from GBX 460 ($7.56) to GBX 490 ($8.05) in a research note to investors on Thursday, January 23rd. They now have an “underperform” rating on the stock. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of N Brown Group in a research note to investors on Wednesday, January 22nd. They now have a GBX 540 ($8.87) price target on the stock. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and seven have given a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 524.48 ($8.62).
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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