N Brown Group plc Price Target Lowered to GBX 518 at Credit Suisse (BWNG)
Equities researchers at Credit Suisse decreased their price target on shares of N Brown Group plc (LON:BWNG) from GBX 620 ($10.55) to GBX 518 ($8.82) in a research report issued on Thursday. The firm currently has an “outperform” rating on the stock. Credit Suisse’s price objective would suggest a potential upside of 23.63% from the company’s current price.
N Brown Group plc (LON:BWNG) traded up 0.43% during mid-day trading on Thursday, hitting GBX 420.80. 551,438 shares of the company’s stock traded hands. N Brown Group plc has a 1-year low of GBX 413.074 and a 1-year high of GBX 600.00. The stock’s 50-day moving average is GBX 455.8 and its 200-day moving average is GBX 521.7. The company’s market cap is £1.182 billion.
A number of other analysts have also recently weighed in on BWNG. Analysts at Oriel Securities Ltd downgraded shares of N Brown Group plc to a “hold” rating in a research note on Thursday, June 19th. They now have a GBX 420 ($7.15) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of N Brown Group plc in a research note on Wednesday, June 18th. They now have a GBX 618 ($10.52) price target on the stock. Two research analysts have rated the stock with a sell rating, five have assigned a hold rating and seven have issued a buy rating to the stock. N Brown Group plc has an average rating of “Hold” and a consensus price target of GBX 532.38 ($9.06).
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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