Berkshire Hathaway Inc. (BRK.B) Given Average Rating of “Buy” by Analysts
Shares of Berkshire Hathaway Inc. (NYSE:BRK.B) have earned a consensus recommendation of “Buy” from the eight analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation, two have given a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $202.19.
BRK.B has been the subject of a number of recent research reports. Vetr cut Berkshire Hathaway from a “strong-buy” rating to a “buy” rating and set a $204.74 target price for the company. in a report on Tuesday, September 19th. BidaskClub raised Berkshire Hathaway from a “hold” rating to a “buy” rating in a research note on Wednesday, August 9th. Morgan Stanley increased their price target on Berkshire Hathaway from $181.00 to $189.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 8th. Zacks Investment Research raised Berkshire Hathaway from a “sell” rating to a “hold” rating in a research note on Tuesday, October 10th. Finally, J P Morgan Chase & Co assumed coverage on Berkshire Hathaway in a research note on Thursday, September 14th. They issued an “overweight” rating and a $210.00 price target for the company.
Shares of Berkshire Hathaway (NYSE:BRK.B) traded down $1.04 on Friday, reaching $181.06. The company’s stock had a trading volume of 2,720,000 shares, compared to its average volume of 3,008,673. Berkshire Hathaway has a fifty-two week low of $156.82 and a fifty-two week high of $190.68. The firm has a market cap of $446,661.97, a PE ratio of 28.79, a PEG ratio of 3.97 and a beta of 0.87.
Berkshire Hathaway Company Profile
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