N+1 Singer Reiterates Sell Rating for Brammer plc (BRAM)
Brammer plc (LON:BRAM)‘s stock had its “sell” rating restated by research analysts at N+1 Singer in a report released on Friday. They currently have a GBX 440 ($7.52) price objective on the stock. N+1 Singer’s target price would suggest a potential upside of 9.18% from the company’s current price.
BRAM has been the subject of a number of other recent research reports. Analysts at Investec downgraded shares of Brammer plc to a “hold” rating in a research note on Tuesday. They now have a GBX 450 ($7.69) price target on the stock, down previously from GBX 480 ($8.20). Separately, analysts at Jefferies Group cut their price target on shares of Brammer plc from GBX 495 ($8.46) to GBX 445 ($7.60) in a research note on Tuesday. They now have a “hold” rating on the stock. Two investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. Brammer plc presently has a consensus rating of “Hold” and an average price target of GBX 427.60 ($7.31).
Brammer plc (LON:BRAM) opened at 403.00 on Friday. Brammer plc has a 52-week low of GBX 375.75 and a 52-week high of GBX 509.00. The stock has a 50-day moving average of GBX 461.1 and a 200-day moving average of GBX 471.9. The company’s market cap is £475.3 million.
Brammer plc is a United Kingdom-based holding company. The Company also provides management services.
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