BRK-B (BRK-B) Earns Overweight Rating from J P Morgan Chase & Co
Several other brokerages also recently weighed in on BRK-B. BidaskClub downgraded shares of BRK-B from a strong-buy rating to a buy rating in a research note on Wednesday, September 6th. Barclays PLC reaffirmed an overweight rating and set a $205.00 target price (up from $191.00) on shares of BRK-B in a research note on Friday, August 11th. Finally, Morgan Stanley reaffirmed an equal weight rating and set a $181.00 target price on shares of BRK-B in a research note on Thursday, July 6th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average target price of $198.67.
BRK-B (NASDAQ:BRK-B) traded up 0.74% during trading on Thursday, reaching $179.89. 9,234,842 shares of the company were exchanged. The firm has a market capitalization of $295.74 million and a PE ratio of 20.35. The stock has a 50 day moving average price of $177.94 and a 200 day moving average price of $170.85. BRK-B has a 12 month low of $141.92 and a 12 month high of $181.97.
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