N Brown Group plc (LON:BWNG) had its price objective lowered by stock analysts at HSBC from GBX 215 ($2.66) to GBX 205 ($2.54) in a report released on Thursday. The brokerage currently has a “hold” rating on the stock. HSBC’s price target points to a potential upside of 7.33% from the company’s current price.
Several other equities analysts also recently issued reports on the stock. Numis Securities Ltd restated a “hold” rating and set a GBX 200 ($2.48) price objective on shares of N Brown Group plc in a report on Wednesday, October 12th. N+1 Singer reiterated a “buy” rating and issued a GBX 280 ($3.47) target price on shares of N Brown Group plc in a research report on Tuesday, October 11th. Jefferies Group reiterated a “buy” rating and issued a GBX 250 ($3.09) target price on shares of N Brown Group plc in a research report on Tuesday, October 11th. Peel Hunt dropped their target price on N Brown Group plc from GBX 230 ($2.85) to GBX 200 ($2.48) and set a “reduce” rating on the stock in a research report on Tuesday, October 11th. Finally, BNP Paribas reiterated an “underperform” rating and issued a GBX 140 ($1.73) target price on shares of N Brown Group plc in a research report on Monday, October 3rd. Three analysts have rated the stock with a sell rating, three have assigned a hold rating and four have given a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of GBX 256.50 ($3.17).
Shares of N Brown Group plc (LON:BWNG) opened at 188.30 on Thursday. The company’s market cap is GBX 532.01 million. The firm’s 50-day moving average is GBX 196.55 and its 200-day moving average is GBX 221.78. N Brown Group plc has a 1-year low of GBX 159.90 and a 1-year high of GBX 400.00.
The firm also recently announced a dividend, which will be paid on Friday, January 13th. Stockholders of record on Thursday, December 15th will be given a dividend of GBX 5.67 ($0.07) per share. The ex-dividend date is Thursday, December 15th. This represents a dividend yield of 2.77%.
In other N Brown Group plc news, insider Higginson,Andrew bought 1,177 shares of the firm’s stock in a transaction dated Thursday, July 28th. The shares were purchased at an average price of GBX 180 ($2.23) per share, for a total transaction of £2,118.60 ($2,622.03).
About N Brown Group plc
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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