N Brown Group plc’s (LON:BWNG) house stock Rating Reiterated at Shore Capital
A number of other research analysts have also recently issued reports on BWNG. UBS AG cut N Brown Group plc to a sell rating and reduced their price objective for the company from GBX 190 ($2.48) to GBX 185 ($2.42) in a research note on Thursday, March 30th. Peel Hunt reaffirmed a hold rating and set a GBX 250 ($3.26) price objective on shares of N Brown Group plc in a research note on Thursday, July 13th. N+1 Singer reaffirmed a buy rating on shares of N Brown Group plc in a research note on Wednesday, June 21st. HSBC Holdings plc reaffirmed a hold rating and set a GBX 215 ($2.81) price objective on shares of N Brown Group plc in a research note on Monday, April 24th. Finally, Numis Securities Ltd reaffirmed a hold rating and set a GBX 280 ($3.66) price objective on shares of N Brown Group plc in a research note on Wednesday, June 21st. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus price target of GBX 240.71 ($3.14).
N Brown Group plc (BWNG) opened at 289.10 on Thursday. The firm’s 50-day moving average price is GBX 285.18 and its 200 day moving average price is GBX 235.81. The firm’s market capitalization is GBX 817.56 million. N Brown Group plc has a one year low of GBX 164.60 and a one year high of GBX 328.00.
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The firm also recently announced a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be paid a GBX 8.56 ($0.11) dividend. The ex-dividend date of this dividend is Thursday, July 6th. This is a boost from N Brown Group plc’s previous dividend of $5.67. This represents a dividend yield of 3.57%.
In other N Brown Group plc news, insider Craig Lovelace bought 12,586 shares of the business’s stock in a transaction that occurred on Monday, July 3rd. The shares were bought at an average cost of GBX 313 ($4.09) per share, with a total value of £39,394.18 ($51,441.86).
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.
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