Analysts Set N Brown Group plc (BWNG) Price Target at $201.67
Shares of N Brown Group plc (LON:BWNG) have received an average recommendation of “Hold” from the seven brokerages that are presently covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is GBX 201.67 ($2.64).
Several research firms have weighed in on BWNG. Peel Hunt restated an “add” rating and issued a GBX 250 ($3.27) price target on shares of N Brown Group in a research note on Thursday, January 3rd. HSBC dropped their price target on N Brown Group from GBX 165 ($2.16) to GBX 150 ($1.96) and set a “buy” rating for the company in a research note on Thursday. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 130 ($1.70) price target on shares of N Brown Group in a research note on Tuesday, October 9th.
In other N Brown Group news, insider Gill Barr purchased 8,506 shares of the firm’s stock in a transaction dated Thursday, November 22nd. The shares were acquired at an average price of GBX 117 ($1.53) per share, with a total value of £9,952.02 ($13,004.08). Also, insider Ronald McMillan purchased 50,000 shares of the firm’s stock in a transaction dated Wednesday, October 17th. The stock was acquired at an average cost of GBX 121 ($1.58) per share, for a total transaction of £60,500 ($79,053.97).
About N Brown Group
N Brown Group plc operates as a digital fashion retailer in the United Kingdom. The company offers customers a range of clothing, footwear, and homeware products under the JD Williams, Simply Be, Jacamo, Fashion World, Figleaves, Marisota, High and Mighty, Ambrose Wilson, Premier Man, Julipa, and House of Bath brands.
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