N Brown Group plc (BWNG) Receives Buy Rating from Jefferies Group
Jefferies Group reaffirmed their buy rating on shares of N Brown Group plc (LON:BWNG) in a report released on Tuesday morning. The brokerage currently has a GBX 250 ($3.09) price objective on the stock.
Other research analysts have also recently issued research reports about the stock. BNP Paribas upped their target price on shares of N Brown Group plc from GBX 175 ($2.17) to GBX 185 ($2.29) and gave the stock an underperform rating in a research report on Friday, September 9th. HSBC decreased their target price on shares of N Brown Group plc from GBX 320 ($3.96) to GBX 230 ($2.85) and set a buy rating for the company in a research report on Tuesday, July 19th. Peel Hunt restated a reduce rating and issued a GBX 150 ($1.86) target price on shares of N Brown Group plc in a research report on Friday, July 8th. N+1 Singer decreased their target price on shares of N Brown Group plc from GBX 295 ($3.65) to GBX 280 ($3.47) and set a buy rating for the company in a research report on Thursday, September 22nd. Finally, Shore Capital restated a house stock rating on shares of N Brown Group plc in a research report on Thursday, June 16th. Three equities research 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’s stock. The stock has an average rating of Hold and an average price target of GBX 256.50 ($3.17).
N Brown Group plc (LON:BWNG) traded down 3.0643% during mid-day trading on Tuesday, hitting GBX 198.7182. The stock had a trading volume of 571,966 shares. N Brown Group plc has a one year low of GBX 159.90 and a one year high of GBX 400.00. The company has a 50 day moving average price of GBX 197.37 and a 200-day moving average price of GBX 222.39. The company’s market cap is GBX 561.44 million.
The business also recently disclosed a dividend, which will be paid on Friday, January 13th. Shareholders of record on Thursday, December 15th will be paid a dividend of GBX 5.67 ($0.07) per share. This represents a yield of 2.77%. The ex-dividend date of this dividend is Thursday, December 15th.
In related news, insider Higginson,Andrew acquired 1,177 shares of the company’s stock in a transaction on Thursday, July 28th. The shares were acquired at an average cost of GBX 180 ($2.23) per share, for a total transaction of £2,118.60 ($2,622.03).
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 & Stock 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 stocks with our FREE daily email newsletter.