Berkshire Hathaway’s (BRK-A) “Buy” Rating Reiterated at UBS AG
Berkshire Hathaway (NASDAQ:BRK-A)‘s stock had its “buy” rating reaffirmed by analysts at UBS AG in a report issued on Friday, www.flashratings.com reports. They currently have a $319,000.00 price target on the insurance provider’s stock, up from their prior price target of $291,000.00. UBS AG’s target price would suggest a potential upside of 13.58% from the company’s previous close.
Separately, J P Morgan Chase & Co assumed coverage on Berkshire Hathaway in a report on Thursday, September 14th. They set an “overweight” rating and a $315,000.00 price objective for the company.
Berkshire Hathaway (BRK-A) traded up 0.53% during mid-day trading on Friday, hitting $280850.00. The stock had a trading volume of 207 shares. The stock’s 50-day moving average price is $273,101.00 and its 200-day moving average price is $258,951.00. Berkshire Hathaway has a 12 month low of $213,680.00 and a 12 month high of $282,270.00. The stock has a market cap of $461.72 billion and a price-to-earnings ratio of 21.18.
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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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