N Brown Group plc (BWNG) PT Lowered to GBX 200 at Peel Hunt
N Brown Group plc (LON:BWNG) had its price target reduced by investment analysts at Peel Hunt from GBX 230 ($2.85) to GBX 200 ($2.48) in a research report issued on Tuesday. The firm currently has a “reduce” rating on the stock. Peel Hunt’s price objective would indicate a potential upside of 13.70% from the company’s previous close.
A number of other research firms have also commented on BWNG. Shore Capital reaffirmed a “house stock” rating on shares of N Brown Group plc in a research report on Monday, July 18th. HSBC lowered their price target on N Brown Group plc from GBX 320 ($3.96) to GBX 230 ($2.85) and set a “buy” rating for the company in a research report on Tuesday, July 19th. N+1 Singer lowered their price target on N Brown Group plc from GBX 295 ($3.65) to GBX 280 ($3.47) and set a “buy” rating for the company in a research report on Thursday, September 22nd. BNP Paribas upped their price target on N Brown Group plc from GBX 175 ($2.17) to GBX 185 ($2.29) and gave the company an “underperform” rating in a research report on Friday, September 9th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 200 ($2.48) price target on shares of N Brown Group plc in a research report on Thursday, September 22nd. Three analysts have rated the stock with a sell rating, three have given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 256.50 ($3.17).
N Brown Group plc (LON:BWNG) opened at 204.70 on Tuesday. The stock has a 50 day moving average price of GBX 197.16 and a 200-day moving average price of GBX 223.20. The company’s market cap is GBX 578.34 million. N Brown Group plc has a 12-month low of GBX 159.90 and a 12-month high of GBX 400.00.
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In related news, insider Higginson,Andrew purchased 1,177 shares of the business’s stock in a transaction that occurred on Thursday, July 28th. The shares were bought at an average price of GBX 180 ($2.23) per share, for a total transaction of £2,118.60 ($2,622.03).
N Brown Group plc Company Profile
N Brown Group plc is a United Kingdom-based Internet and catalogue home shopping company. The Company is engaged in multi-channel retailing. The Company offers clothing, footwear, household and electrical goods. In addition, the Company provides financial services, including flexible credit plans. The Company operates in the United States, the United Kingdom, Germany and Ireland.
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