N Brown Group plc (BWNG) Receives Buy Rating from N+1 Singer
N Brown Group plc (LON:BWNG)‘s stock had its “buy” rating reissued by analysts at N+1 Singer in a report released on Friday.
A number of other research firms also recently weighed in on BWNG. HSBC Holdings plc reaffirmed a “hold” rating and issued a GBX 280 ($3.62) target price on shares of N Brown Group plc in a research report on Friday, June 30th. Peel Hunt reaffirmed a “hold” rating and issued a GBX 250 ($3.23) target price on shares of N Brown Group plc in a research report on Thursday, July 13th. Shore Capital reaffirmed a “house stock” rating on shares of N Brown Group plc in a research report on Thursday, July 13th. Finally, Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 280 ($3.62) target price on shares of N Brown Group plc in a research report on Wednesday, June 21st. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of GBX 240.71 ($3.11).
N Brown Group plc (LON BWNG) traded up 1.77% during midday trading on Friday, hitting GBX 356.70. 835,042 shares of the company traded hands. The stock’s 50-day moving average is GBX 324.92 and its 200-day moving average is GBX 273.28. N Brown Group plc has a 12-month low of GBX 175.76 and a 12-month high of GBX 357.20. The firm’s market capitalization is GBX 1.01 billion.
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In other news, insider Craig Lovelace purchased 12,586 shares of the business’s stock in a transaction on Monday, July 3rd. The stock was purchased at an average price of GBX 313 ($4.04) per share, for a total transaction of £39,394.18 ($50,877.15).
N Brown Group plc Company Profile
N Brown Group plc is a digital specialist fit fashion retailer. The Company offers customers a range of products in clothing, footwear and home wares. The Company is a multichannel retailer. It operates through the Home Shopping segment. Its power brands include JD Williams, Simply Be and Jacamo. JD Williams is a department store concept offering style for 50-plus customers and their families.
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