Shares of Belmond Ltd. (NYSE:BEL) have received a consensus recommendation of “Hold” from the six analysts that are covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $14.50.

Several brokerages have recently issued reports on BEL. Zacks Investment Research lowered Belmond from a “buy” rating to a “hold” rating in a research note on Thursday, March 2nd. Telsey Advisory Group upgraded Belmond from a “market perform” rating to an “outperform” rating and upped their price objective for the company from $14.00 to $16.00 in a report on Tuesday, June 6th.

TRADEMARK VIOLATION NOTICE: “Belmond Ltd. (BEL) Receives Consensus Recommendation of “Hold” from Analysts” was first published by American Banking News and is owned by of American Banking News. If you are reading this news story on another website, it was stolen and reposted in violation of U.S. and international trademark and copyright law. The legal version of this news story can be read at https://www.americanbankingnews.com/2017/06/20/belmond-ltd-bel-receives-consensus-recommendation-of-hold-from-analysts.html.

A number of large investors have recently added to or reduced their stakes in BEL. Russell Investments Group Ltd. bought a new stake in Belmond during the fourth quarter worth approximately $3,857,000. Comerica Bank increased its stake in Belmond by 6.6% in the fourth quarter. Comerica Bank now owns 76,775 shares of the company’s stock worth $1,013,000 after buying an additional 4,769 shares in the last quarter. Gabelli Funds LLC increased its stake in Belmond by 6.0% in the fourth quarter. Gabelli Funds LLC now owns 336,000 shares of the company’s stock worth $4,486,000 after buying an additional 19,000 shares in the last quarter. Gamco Investors INC. ET AL increased its stake in Belmond by 1.3% in the first quarter. Gamco Investors INC. ET AL now owns 618,000 shares of the company’s stock worth $7,478,000 after buying an additional 8,000 shares in the last quarter. Finally, Hosking Partners LLP increased its stake in Belmond by 9.9% in the first quarter. Hosking Partners LLP now owns 3,314,625 shares of the company’s stock worth $40,107,000 after buying an additional 299,323 shares in the last quarter. Institutional investors and hedge funds own 75.54% of the company’s stock.

Belmond (NYSE BEL) traded down 0.933% on Tuesday, reaching $13.275. The company had a trading volume of 3,125 shares. The company has a market capitalization of $1.36 billion, a price-to-earnings ratio of 70.238 and a beta of 0.92. The company’s 50 day moving average price is $12.60 and its 200-day moving average price is $12.94. Belmond has a 12 month low of $9.10 and a 12 month high of $14.45.

Belmond (NYSE:BEL) last issued its quarterly earnings results on Monday, May 8th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.11) by $0.05. Belmond had a net margin of 3.61% and a return on equity of 1.74%. The firm had revenue of $95.40 million for the quarter, compared to analyst estimates of $91.83 million. On average, equities analysts predict that Belmond will post $0.19 earnings per share for the current fiscal year.

About Belmond

Belmond Ltd. (Belmond) is a hotel company and adventure travel operator. As of December 31, 2016, Belmond owned, partially-owned and/or operated 45 properties, consisting of 34 individual deluxe hotels, 29 of which are owned (including nine under long-term lease), five European tourist trains, two cruise ships in Myanmar (one of which is under long-term charter), one French canal cruise business consisting of five small canal boats, and one stand-alone restaurant in the United States.

Receive News & Ratings for Belmond Ltd. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Belmond Ltd. and related companies with MarketBeat.com's FREE daily email newsletter.