N Brown Group plc (BWNG) Stock Rating Reaffirmed by Jefferies Group
N Brown Group plc (LON:BWNG)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Group in a note issued to investors on Wednesday. They presently have a GBX 250 ($3.26) target price on the stock. Jefferies Group’s price target indicates a potential upside of 31.93% from the company’s previous close.
Several other research analysts also recently weighed in on BWNG. Citigroup Inc. reaffirmed a “neutral” rating and issued a GBX 235 ($3.07) target price on shares of N Brown Group plc in a report on Thursday, June 2nd. Numis Securities Ltd reaffirmed a “hold” rating and issued a GBX 250 ($3.26) target price on shares of N Brown Group plc in a report on Thursday, June 16th. Shore Capital reaffirmed a “house stock” rating on shares of N Brown Group plc in a report on Thursday, June 16th. HSBC reaffirmed a “buy” rating and issued a GBX 390 ($5.09) target price on shares of N Brown Group plc in a report on Friday, June 17th. Finally, Peel Hunt reaffirmed a “reduce” rating and issued a GBX 230 ($3.00) target price (down previously from GBX 275 ($3.59)) on shares of N Brown Group plc in a report on Thursday, June 16th. Three analysts have rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the company. N Brown Group plc presently has an average rating of “Hold” and a consensus price target of GBX 258.50 ($3.37).
N Brown Group plc (LON:BWNG) opened at 187.10 on Wednesday. N Brown Group plc has a one year low of GBX 159.90 and a one year high of GBX 400.00. The stock’s market cap is GBX 528.62 million. The company’s 50-day moving average price is GBX 194.04 and its 200-day moving average price is GBX 238.15.
In other news, insider Higginson,Andrew acquired 1,134 shares of N Brown Group plc stock in a transaction that occurred on Tuesday, June 28th. The shares were bought at an average cost of GBX 186 ($2.43) per share, with a total value of £2,109.24 ($2,753.22). Also, insider Spindler,Angela sold 106,629 shares of the stock in a transaction dated Tuesday, July 5th. The stock was sold at an average price of GBX 170 ($2.22), for a total transaction of £181,269.30 ($236,613.11).
N Brown Group plc Company Profile
N Brown Group plc is a United Kingdom-based Internet and catalogue home shopping company. The Company is engaged in multi-channel retailing. The Company offers clothing, footwear, household and electrical goods. In addition, the Company provides financial services, including flexible credit plans. The Company operates in the United States, the United Kingdom, Germany and Ireland.
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