J P Morgan Chase & Co Reaffirms “Overweight” Rating for BRK-B (BRK-B)
BRK-B (NASDAQ:BRK-B)‘s stock had its “overweight” rating restated by J P Morgan Chase & Co in a research note issued to investors on Thursday. They currently have a $210.00 price target on the stock. J P Morgan Chase & Co’s price objective suggests a potential upside of 17.49% from the company’s previous close.
BRK-B has been the topic of a number of other reports. BidaskClub downgraded BRK-B from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, September 6th. Barclays PLC restated an “overweight” rating and issued a $205.00 price target (up from $191.00) on shares of BRK-B in a research note on Friday, August 11th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $181.00 price target on shares of BRK-B in a research note on Thursday, July 6th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company. BRK-B presently has a consensus rating of “Buy” and an average target price of $198.67.
Shares of BRK-B (NASDAQ:BRK-B) traded down 0.10% on Thursday, hitting $178.74. The stock had a trading volume of 3,304,112 shares. The company has a market cap of $293.85 million and a price-to-earnings ratio of 20.22. BRK-B has a one year low of $141.92 and a one year high of $181.97. The firm’s 50-day moving average is $177.41 and its 200-day moving average is $170.66.
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