N Brown Group (BWNG) Upgraded at HSBC

HSBC upgraded shares of N Brown Group (LON:BWNG) to a buy rating in a report released on Monday morning. HSBC currently has GBX 290 ($4.04) price target on the stock, up from their previous price target of GBX 280 ($3.91).

BWNG has been the subject of a number of other research reports. Numis Securities restated a hold rating and set a GBX 230 ($3.21) target price on shares of N Brown Group in a research note on Monday, January 29th. N+1 Singer restated a buy rating and set a GBX 290 ($4.04) target price on shares of N Brown Group in a research note on Friday, February 16th. BNP Paribas raised their target price on shares of N Brown Group from GBX 140 ($1.95) to GBX 160 ($2.23) and gave the stock an underperform rating in a research note on Thursday, April 5th. Finally, Peel Hunt cut their target price on shares of N Brown Group from GBX 375 ($5.23) to GBX 275 ($3.84) and set a hold rating for the company in a research note on Tuesday, January 23rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The stock presently has an average rating of Hold and a consensus target price of GBX 254.17 ($3.54).

Shares of BWNG opened at GBX 190.10 ($2.65) on Monday. N Brown Group has a one year low of GBX 181.20 ($2.53) and a one year high of GBX 361 ($5.03).

In related news, insider Matt Davies bought 10,000 shares of the business’s stock in a transaction dated Monday, February 19th. The stock was bought at an average price of GBX 193 ($2.69) per share, for a total transaction of £19,300 ($26,917.71).

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About N Brown Group

N Brown Group PLC operates as a digital fashion retailer primarily in the United Kingdom, the Republic of Ireland, and the United States. The company offers customers a range of clothing, footwear, and homeware products under the JD Williams, Simply Be, Jacamo, Fashion World, Figleaves, Marisota, High and Mighty, Ambrose Wilson, Premier Man, Julipa, and House of Bath brand names.

Analyst Recommendations for N Brown Group (LON:BWNG)

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