Brokerages Set $5.50 Price Target for Barloworld Limited (BRRAY)
Shares of Barloworld Limited (NASDAQ:BRRAY) have been assigned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy rating.
Brokerages have set a 1-year consensus price objective of $5.50 for the company, according to Zacks. Zacks has also given Barloworld Limited an industry rank of 192 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research cut Barloworld Limited from a “buy” rating to a “hold” rating in a research report on Tuesday, October 11th.
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Shares of Barloworld Limited (NASDAQ:BRRAY) remained flat at $6.05 on Wednesday. The company’s 50-day moving average price is $6.07 and its 200-day moving average price is $5.42. The stock has a market capitalization of $1.28 billion and a P/E ratio of 10.24. Barloworld Limited has a 52 week low of $3.45 and a 52 week high of $6.72.
Barloworld Limited Company Profile
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