Research analysts at J P Morgan Chase & Co began coverage on shares of Berkshire Hathaway (NASDAQ:BRK-A) in a report released on Thursday. The firm set an “overweight” rating and a $315,000.00 price target on the insurance provider’s stock. J P Morgan Chase & Co’s price objective points to a potential upside of 16.58% from the stock’s previous close.

Separately, UBS AG reiterated a “buy” rating and issued a $291,000.00 target price on shares of Berkshire Hathaway in a report on Wednesday, May 17th.

Shares of Berkshire Hathaway (NASDAQ BRK-A) traded up 0.70% during trading on Thursday, reaching $270200.00. The company’s stock had a trading volume of 379 shares. The company has a 50-day moving average price of $267,120.00 and a 200-day moving average price of $256,454.00. The stock has a market cap of $444.21 billion and a price-to-earnings ratio of 20.37. Berkshire Hathaway has a one year low of $213,030.00 and a one year high of $272,885.00.

WARNING: “Berkshire Hathaway (BRK-A) Coverage Initiated by Analysts at J P Morgan Chase & Co” was posted by American Banking News and is owned by of American Banking News. If you are viewing this story on another website, it was copied illegally and republished in violation of United States & international copyright and trademark law. The correct version of this story can be accessed at https://www.americanbankingnews.com/2017/09/16/berkshire-hathaway-brk-a-coverage-initiated-by-analysts-at-j-p-morgan-chase-co.html.

Berkshire Hathaway Company Profile

Berkshire Hathaway Inc operates as a holding company. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity primarily from solar, wind, nuclear, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets.

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