N Brown Group plc (BWNG) Earns Hold Rating from HSBC Holdings plc

HSBC Holdings plc restated their hold rating on shares of N Brown Group plc (LON:BWNG) in a research note published on Wednesday morning. The firm currently has a GBX 215 ($2.70) target price on the stock.

A number of other analysts have also recently commented on the stock. Peel Hunt restated a reduce rating and set a GBX 200 ($2.51) target price on shares of N Brown Group plc in a report on Thursday, January 19th. Numis Securities Ltd reiterated a hold rating and issued a GBX 205 ($2.58) price target on shares of N Brown Group plc in a research note on Monday, January 23rd. Finally, N+1 Singer reiterated a buy rating and issued a GBX 280 ($3.52) price target on shares of N Brown Group plc in a research note on Thursday, January 19th. Two investment analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock presently has a consensus rating of Hold and an average target price of GBX 217.86 ($2.74).

N Brown Group plc (LON:BWNG) opened at 216.50 on Wednesday. The firm’s 50-day moving average is GBX 212.45 and its 200 day moving average is GBX 204.97. N Brown Group plc has a 12-month low of GBX 159.90 and a 12-month high of GBX 338.46. The firm’s market cap is GBX 611.86 million.

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N Brown Group plc Company Profile

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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