Braemar Plc (LON:BMS – Get Free Report)’s share price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 225.37 and traded as high as GBX 245. Braemar shares last traded at GBX 235, with a volume of 967 shares.
Wall Street Analyst Weigh In
BMS has been the subject of several analyst reports. Jefferies Financial Group reissued a “buy” rating and issued a GBX 320 target price on shares of Braemar in a research note on Thursday, July 2nd. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 320 price target on shares of Braemar in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Braemar has a consensus rating of “Buy” and a consensus target price of GBX 320.
Check Out Our Latest Stock Report on Braemar
Braemar Stock Performance
Insider Activity at Braemar
In related news, insider James Christopher Duchar Gundy sold 103,088 shares of the business’s stock in a transaction that occurred on Friday, April 17th. The stock was sold at an average price of GBX 220, for a total transaction of £226,793.60. Corporate insiders own 16.53% of the company’s stock.
Braemar Company Profile
Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.
Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.
For more information, including our investor presentation, please visit www.braemar.com.
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