N Brown Group plc’s (BWNG) Hold Rating Reiterated at Peel Hunt
N Brown Group plc (LON:BWNG)‘s stock had its “hold” rating restated by Peel Hunt in a research note issued on Friday. They currently have a GBX 250 ($3.23) price objective on the stock. Peel Hunt’s price objective points to a potential downside of 29.91% from the company’s current price.
Several other research analysts also recently issued reports on the stock. HSBC Holdings plc reiterated a “hold” rating and issued a GBX 280 ($3.62) target price on shares of N Brown Group plc in a research note on Friday, July 21st. Shore Capital reiterated a “house stock” rating on shares of N Brown Group plc in a research note on Thursday, July 13th. Numis Securities Ltd reiterated a “hold” rating and issued a GBX 280 ($3.62) target price on shares of N Brown Group plc in a research note on Wednesday, June 21st. Finally, N+1 Singer reiterated a “buy” rating on shares of N Brown Group plc in a research note on Wednesday, June 21st. Two research 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’s stock. The stock has an average rating of “Hold” and an average price target of GBX 240.71 ($3.11).
N Brown Group plc (LON BWNG) traded up 1.77% during midday trading on Friday, reaching GBX 356.70. 835,042 shares of the company’s stock traded hands. The firm’s 50-day moving average is GBX 326.46 and its 200 day moving average is GBX 273.86. The firm’s market cap is GBX 1.01 billion. N Brown Group plc has a 52-week low of GBX 175.76 and a 52-week high of GBX 357.20.
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In related news, insider Craig Lovelace acquired 12,586 shares of the firm’s stock in a transaction dated Monday, July 3rd. The stock was purchased at an average cost of GBX 313 ($4.04) per share, with a total value of £39,394.18 ($50,877.15).
About N Brown Group plc
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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