Peel Hunt Lowers Brammer plc (BRAM) Price Target to GBX 60
Brammer plc (LON:BRAM) had its target price decreased by research analysts at Peel Hunt from GBX 110 ($1.44) to GBX 60 ($0.78) in a research note issued to investors on Friday. The firm currently has a “hold” rating on the stock. Peel Hunt’s price objective indicates a potential downside of 52.66% from the stock’s current price.
Separately, Jefferies Group reissued a “buy” rating and set a GBX 200 ($2.61) target price on shares of Brammer plc in a report on Friday, August 5th.
Shares of Brammer plc (LON:BRAM) opened at 68.8999 on Friday. Brammer plc has a 12 month low of GBX 57.50 and a 12 month high of GBX 277.75. The company’s market capitalization is GBX 89.02 million. The firm’s 50-day moving average price is GBX 119.03 and its 200-day moving average price is GBX 139.58.
Brammer plc Company Profile
Brammer plc is a United Kingdom-based holding company. The Company provides management services to its subsidiaries. Its segments include UK, Germany, France, Spain, Benelux, Nordic, and Eastern Europe and Other. The Company is engaged in providing the value added business-to-business services, distribution of industrial maintenance, repair and overhaul products, related inventory management, procurement and logistics services.
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