N Brown Group plc (LON:BWNG)‘s stock had its “hold” rating restated by Numis Securities Ltd in a research note issued to investors on Wednesday. They presently have a GBX 200 ($2.48) target price on the stock. Numis Securities Ltd’s price objective would suggest a potential downside of 2.44% from the stock’s previous close.
A number of other research firms have also commented on BWNG. Peel Hunt reissued a “reduce” rating and issued a GBX 150 ($1.86) price target on shares of N Brown Group plc in a research report on Friday, July 8th. Shore Capital reissued a “house stock” rating on shares of N Brown Group plc in a research report on Monday, July 18th. HSBC dropped their price target on shares of N Brown Group plc from GBX 320 ($3.96) to GBX 230 ($2.85) and set a “buy” rating on the stock in a research report on Tuesday, July 19th. N+1 Singer dropped their price target on shares of N Brown Group plc from GBX 295 ($3.65) to GBX 280 ($3.47) and set a “buy” rating on the stock in a research report on Thursday, September 22nd. Finally, BNP Paribas lifted their price target on shares of N Brown Group plc from GBX 175 ($2.17) to GBX 185 ($2.29) and gave the company an “underperform” rating in a research report on Friday, September 9th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of GBX 256.50 ($3.17).
N Brown Group plc (LON:BWNG) traded down 2.59% during mid-day trading on Wednesday, reaching GBX 199.70. 608,392 shares of the company were exchanged. The stock’s market capitalization is GBX 564.22 million. N Brown Group plc has a 12 month low of GBX 159.90 and a 12 month high of GBX 400.00. The company’s 50 day moving average price is GBX 197.37 and its 200-day moving average price is GBX 222.39.
The firm also recently disclosed a dividend, which will be paid on Friday, January 13th. Investors of record on Thursday, December 15th will be paid a GBX 5.67 ($0.07) dividend. This represents a yield of 2.77%. The ex-dividend date is Thursday, December 15th.
In other news, insider Higginson,Andrew bought 1,177 shares of the company’s stock in a transaction on Thursday, July 28th. The stock was purchased at an average cost of GBX 180 ($2.23) per share, for a total transaction of £2,118.60 ($2,622.03).