Berkshire Hathaway (BRK-A) Coverage Initiated by Analysts at J P Morgan Chase & Co
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.
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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.
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