N Brown Group plc Receives Consensus Recommendation of “Hold” from Brokerages (LON:BWNG)
Shares of N Brown Group plc (LON:BWNG) have received a consensus recommendation of “Hold” from the thirteen analysts that are currently covering the stock, American Banking News reports. Two analysts have rated the stock with a sell rating, four have given a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 538.42 ($9.24).
A number of research firms have recently commented on BWNG. Analysts at Credit Suisse cut their price target on shares of N Brown Group plc from GBX 620 ($10.63) to GBX 518 ($8.89) in a research note on Thursday, June 26th. They now have an “outperform” rating on the stock. Separately, 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 ($7.20) price target on the stock. Finally, 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 ($10.60) price target on the stock.
N Brown Group plc (LON:BWNG) opened at 402.90 on Tuesday. N Brown Group plc has a one year low of GBX 402.50 and a one year high of GBX 600.00. The stock’s 50-day moving average is GBX 441.8 and its 200-day moving average is GBX 513.5. The company’s market cap is £1.132 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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