N Brown Group plc’s (BWNG) house stock Rating Reaffirmed at Shore Capital

Shore Capital reiterated their house stock rating on shares of N Brown Group plc (LON:BWNG) in a research report released on Friday, May 12th.

A number of other brokerages have also weighed in on BWNG. N+1 Singer reaffirmed a buy rating and issued a GBX 300 ($3.80) target price on shares of N Brown Group plc in a research note on Wednesday, May 3rd. Numis Securities Ltd restated a hold rating and set a GBX 230 ($2.91) price objective on shares of N Brown Group plc in a research note on Tuesday, May 2nd. HSBC Holdings plc upgraded shares of N Brown Group plc to a buy rating and increased their price objective for the stock from GBX 215 ($2.72) to GBX 280 ($3.54) in a research note on Tuesday, May 2nd. Finally, Peel Hunt restated a reduce rating and set a GBX 200 ($2.53) price objective on shares of N Brown Group plc in a research note on Thursday, April 27th. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the company. N Brown Group plc has an average rating of Hold and an average target price of GBX 233.33 ($2.95).

N Brown Group plc (BWNG) traded up 0.83% during mid-day trading on Friday, reaching GBX 274.25. The company had a trading volume of 968,649 shares. The firm’s 50-day moving average price is GBX 272.64 and its 200-day moving average price is GBX 228.45. The stock’s market cap is GBX 775.56 million. N Brown Group plc has a 12 month low of GBX 159.90 and a 12 month high of GBX 292.75.

ILLEGAL ACTIVITY NOTICE: This report was first posted by Chaffey Breeze and is owned by of Chaffey Breeze. If you are accessing this report on another website, it was stolen and reposted in violation of U.S. and international trademark & copyright legislation. The legal version of this report can be accessed at https://www.chaffeybreeze.com/2017/06/16/n-brown-group-plcs-bwng-house-stock-rating-reiterated-at-shore-capital-updated-updated-updated.html.

The company also recently announced a dividend, which will be paid on Friday, August 4th. Investors of record on Thursday, July 6th will be paid a GBX 8.56 ($0.11) dividend. This is an increase from N Brown Group plc’s previous dividend of $5.67. This represents a yield of 3.57%. The ex-dividend date of this dividend is Thursday, July 6th.

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.

Receive News & Ratings for N Brown Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for N Brown Group plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply