Berkshire Hathaway Inc. (NYSE:BRK.B) shares gapped up before the market opened on Monday . The stock had previously closed at $213.53, but opened at $210.62. Berkshire Hathaway shares last traded at $210.62, with a volume of 8250000 shares.
Several research analysts recently weighed in on BRK.B shares. Morgan Stanley lifted their price objective on shares of Berkshire Hathaway from $181.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 8th. Zacks Investment Research lowered shares of Berkshire Hathaway from a “hold” rating to a “sell” rating in a research note on Tuesday, November 7th. Finally, Vetr raised shares of Berkshire Hathaway from a “hold” rating to a “buy” rating and set a $212.93 price objective on the stock in a research note on Monday, February 5th. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $208.79.
The company has a market cap of $519,540.00, a price-to-earnings ratio of 0.02, a P/E/G ratio of 3.47 and a beta of 0.87.
About Berkshire Hathaway
Berkshire Hathaway Inc is a holding company owning subsidiaries engaged in various business activities. Its segments include Insurance, such as GEICO, Berkshire Hathaway Primary Group, General Re Corporation and Berkshire Hathaway Reinsurance Group; Burlington Northern Santa Fe, LLC, which is engaged in the operation of the railroad system; Berkshire Hathaway Energy, which includes regulated electric and gas utility; Manufacturing, which includes manufacturers of various products, including industrial, consumer and building products; McLane Company, which is engaged in the wholesale distribution of groceries and non-food items; Service and retailing, which includes providers of various services, including fractional aircraft ownership programs, aviation pilot training and various retailing businesses, and Finance and financial products, which includes manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
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