HSBC lowered shares of N Brown Group plc (LON:BWNG) to a hold rating in a report released on Monday. They currently have GBX 205 ($2.68) price target on the stock, down from their previous price target of GBX 230 ($3.00).
Several other equities research analysts have also issued reports on the stock. N+1 Singer reduced their target price on shares of N Brown Group plc from GBX 295 ($3.85) to GBX 280 ($3.65) and set a buy rating for the company in a report on Thursday, September 22nd. Numis Securities Ltd reissued a hold rating and issued a GBX 200 ($2.61) target price on shares of N Brown Group plc in a report on Thursday, September 22nd. Jefferies Group reissued a buy rating and issued a GBX 250 ($3.26) target price on shares of N Brown Group plc in a report on Wednesday, September 21st. BNP Paribas increased their price objective on shares of N Brown Group plc from GBX 175 ($2.28) to GBX 185 ($2.41) and gave the company an underperform rating in a report on Friday, September 9th. Finally, Shore Capital reaffirmed a house stock rating on shares of N Brown Group plc in a report on Monday, July 18th. Three investment 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. N Brown Group plc currently has a consensus rating of Hold and a consensus target price of GBX 256 ($3.34).
N Brown Group plc (LON:BWNG) opened at 179.67 on Monday. The stock’s market cap is GBX 507.63 million. The company’s 50-day moving average is GBX 195.84 and its 200 day moving average is GBX 234.75. N Brown Group plc has a 52 week low of GBX 159.90 and a 52 week high of GBX 400.00.
In other news, insider Spindler,Angela sold 106,629 shares of N Brown Group plc stock in a transaction on Tuesday, July 5th. The stock was sold at an average price of GBX 170 ($2.22), for a total transaction of £181,269.30 ($236,613.11). Also, insider Higginson,Andrew bought 1,177 shares of the firm’s stock in a transaction dated Thursday, July 28th. The shares were acquired at an average price of GBX 180 ($2.35) per share, with a total value of £2,118.60 ($2,765.44).
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.
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