N Brown Group plc Downgraded to “Hold” at Oriel Securities Ltd (BWNG)
N Brown Group plc (LON:BWNG) was downgraded by stock analysts at Oriel Securities Ltd to a “hold” rating in a report issued on Thursday. They currently have a GBX 420 ($7.13) target price on the stock. Oriel Securities Ltd’s target price points to a potential downside of 0.14% from the company’s current price.
Shares of N Brown Group plc (LON:BWNG) opened at 422.70 on Thursday. N Brown Group plc has a 1-year low of GBX 418.02 and a 1-year high of GBX 600.00. The stock has a 50-day moving average of GBX 464.0 and a 200-day moving average of GBX 525.4. The company’s market cap is £1.187 billion.
A number of other analysts have also recently weighed in on BWNG. Analysts at Jefferies Group reiterated a “buy” rating on shares of N Brown Group plc in a research note on Wednesday. They now have a GBX 618 ($10.49) price target on the stock. Separately, analysts at HSBC reiterated an “overweight” rating on shares of N Brown Group plc in a research note on Monday. They now have a GBX 660 ($11.20) price target on the stock. Finally, analysts at N+1 Singer reiterated a “buy” rating on shares of N Brown Group plc in a research note on Friday, June 13th. They now have a GBX 585 ($9.93) price target on the stock. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have given a buy rating to the stock. N Brown Group plc presently has a consensus rating of “Hold” and a consensus target price of GBX 540.23 ($9.17).
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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