N Brown Group plc (BWNG) Rating Reiterated by Jefferies Group
N Brown Group plc (LON:BWNG)‘s stock had its “buy” rating reissued by investment analysts at Jefferies Group in a research note issued on Tuesday. They currently have a GBX 250 ($3.09) price objective on the stock. Jefferies Group’s price target points to a potential upside of 24.75% from the company’s current price.
Several other equities research analysts have also recently issued reports on BWNG. Peel Hunt reissued a “reduce” rating and issued a GBX 230 ($2.85) price objective (down from GBX 275 ($3.40)) on shares of N Brown Group plc in a research report on Thursday, June 16th. Numis Securities Ltd reissued a “hold” rating and issued a GBX 250 ($3.09) price objective on shares of N Brown Group plc in a research report on Thursday, June 16th. Shore Capital reissued a “house stock” rating on shares of N Brown Group plc in a research report on Thursday, June 16th. HSBC reissued a “buy” rating and issued a GBX 390 ($4.83) price objective on shares of N Brown Group plc in a research report on Friday, June 17th. Finally, BNP Paribas reissued an “underperform” rating and issued a GBX 175 ($2.17) price objective on shares of N Brown Group plc in a research report on Monday, June 27th. Three equities research analysts have rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 256.50 ($3.17).
N Brown Group plc (LON:BWNG) opened at 196.1714 on Tuesday. N Brown Group plc has a 52 week low of GBX 159.90 and a 52 week high of GBX 400.00. The firm’s 50 day moving average is GBX 197.49 and its 200-day moving average is GBX 222.24. The company’s market cap is GBX 554.25 million.
The company also recently announced a dividend, which will be paid on Friday, January 13th. Investors of record on Thursday, December 15th will be given a dividend of GBX 5.67 ($0.07) per share. The ex-dividend date of this dividend is Thursday, December 15th. This represents a yield of 2.77%.
In related news, insider Higginson,Andrew purchased 1,177 shares of the business’s stock in a transaction on Thursday, July 28th. The shares were acquired at an average price of GBX 180 ($2.23) per share, for a total transaction of £2,118.60 ($2,622.03).
About N Brown Group plc
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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