N Brown Group plc (BWNG) Rating Reiterated by Peel Hunt

N Brown Group plc (LON:BWNG)‘s stock had its “hold” rating reiterated by research analysts at Peel Hunt in a research note issued to investors on Friday. They presently have a GBX 250 ($3.23) price target on the stock. Peel Hunt’s price target would indicate a potential downside of 29.91% from the company’s current price.

Several other research analysts have also recently issued reports on BWNG. Shore Capital reissued a “house stock” rating on shares of N Brown Group plc in a research note on Tuesday, June 13th. N+1 Singer reissued a “buy” rating and issued a GBX 300 ($3.87) price target on shares of N Brown Group plc in a research note on Thursday, June 15th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 280 ($3.62) price target on shares of N Brown Group plc in a research note on Wednesday, June 21st. Finally, HSBC Holdings plc reissued a “hold” rating and issued a GBX 280 ($3.62) price target on shares of N Brown Group plc in a research note on Friday, June 30th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 240.71 ($3.11).

Shares of N Brown Group plc (LON:BWNG) opened at 356.70 on Friday. N Brown Group plc has a 12-month low of GBX 175.76 and a 12-month high of GBX 357.20. The firm has a 50-day moving average price of GBX 326.46 and a 200-day moving average price of GBX 273.86. The firm’s market cap is GBX 1.01 billion.

COPYRIGHT VIOLATION WARNING: “N Brown Group plc (BWNG) Rating Reiterated by Peel Hunt” was originally published by Transcript Daily and is owned by of Transcript Daily. If you are viewing this story on another site, it was stolen and reposted in violation of US and international copyright & trademark law. The legal version of this story can be accessed at https://transcriptdaily.com/2017/09/17/n-brown-group-plc-bwng-rating-reiterated-by-peel-hunt.html.

In other news, insider Craig Lovelace acquired 12,586 shares of the business’s stock in a transaction dated Monday, July 3rd. The stock was acquired at an average price of GBX 313 ($4.04) per share, for a total transaction of £39,394.18 ($50,877.15).

N Brown Group plc Company Profile

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.

Analyst Recommendations for N Brown Group plc (LON:BWNG)

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

Leave a Reply