N Brown Group plc (BWNG) Stock Rating Reaffirmed by Numis Securities Ltd
N Brown Group plc (LON:BWNG)‘s stock had its “hold” rating restated by equities research analysts at Numis Securities Ltd in a research note issued on Monday. They currently have a GBX 300 ($3.94) price objective on the stock. Numis Securities Ltd’s price objective indicates a potential downside of 13.57% from the stock’s current price.
Several other brokerages have also recently commented on BWNG. N+1 Singer reiterated a “buy” rating on shares of N Brown Group plc in a research report on Friday, September 15th. Peel Hunt upped their target price on shares of N Brown Group plc from GBX 250 ($3.29) to GBX 375 ($4.93) and gave the company a “hold” rating in a research report on Thursday. HSBC Holdings plc reiterated a “hold” rating and set a GBX 280 ($3.68) target price on shares of N Brown Group plc in a research report on Friday, June 30th. Finally, Shore Capital reiterated a “house stock” rating on shares of N Brown Group plc in a research report on Thursday, July 13th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of GBX 281.67 ($3.70).
N Brown Group plc (LON:BWNG) opened at 341.50 on Monday. N Brown Group plc has a one year low of GBX 179.20 and a one year high of GBX 361.00. The company has a 50 day moving average price of GBX 343.66 and a 200-day moving average price of GBX 294.74. The firm’s market capitalization is GBX 965.75 million.
About N Brown Group plc
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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