BNP Paribas Reaffirms “Underperform” Rating for N Brown Group plc (BWNG)
BNP Paribas reissued their underperform rating on shares of N Brown Group plc (LON:BWNG) in a report published on Monday morning. The brokerage currently has a GBX 140 ($1.83) price objective on the stock.
BWNG has been the subject of a number of other reports. Jefferies Group lowered their price objective on N Brown Group plc from GBX 415 ($5.42) to GBX 250 ($3.26) and set a buy rating for the company in a research report on Tuesday, July 5th. Numis Securities Ltd reissued a hold rating and set a GBX 250 ($3.26) price objective on shares of N Brown Group plc in a research report on Thursday, June 16th. Peel Hunt reissued a reduce rating and set a GBX 230 ($3.00) price objective (down from GBX 275 ($3.59)) on shares of N Brown Group plc in a research report on Thursday, June 16th. HSBC reissued a buy rating and set a GBX 390 ($5.09) price objective on shares of N Brown Group plc in a research report on Friday, June 17th. Finally, Shore Capital reissued a house stock rating on shares of N Brown Group plc in a research report on Thursday, June 16th. Three investment analysts have rated the stock with a sell rating, three have given a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of Hold and an average price target of GBX 251.50 ($3.28).
Shares of N Brown Group plc (LON:BWNG) opened at 195.18 on Monday. N Brown Group plc has a 52-week low of GBX 159.90 and a 52-week high of GBX 400.00. The stock’s market capitalization is GBX 551.45 million. The firm’s 50 day moving average is GBX 197.08 and its 200 day moving average is GBX 226.46.
In other news, insider Higginson,Andrew acquired 1,177 shares of N Brown Group plc stock in a transaction on Thursday, July 28th. The stock was bought at an average price of GBX 180 ($2.35) per share, for a total transaction of £2,118.60 ($2,765.44).
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.
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.