N Brown Group (BWNG) Given New GBX 160 Price Target at BNP Paribas

N Brown Group (LON:BWNG) had its price objective boosted by BNP Paribas from GBX 140 ($1.97) to GBX 160 ($2.25) in a report released on Thursday morning. The brokerage currently has an underperform rating on the stock.

A number of other analysts have also weighed in on BWNG. Numis Securities reaffirmed a hold rating and set a GBX 230 ($3.23) price objective on shares of N Brown Group in a research report on Monday, January 29th. Peel Hunt cut their price objective on N Brown Group from GBX 375 ($5.26) to GBX 275 ($3.86) and set a hold rating on the stock in a research report on Tuesday, January 23rd. Finally, N+1 Singer reissued a buy rating and issued a GBX 290 ($4.07) target price on shares of N Brown Group in a report on Friday, February 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company’s stock. N Brown Group presently has an average rating of Hold and an average target price of GBX 247 ($3.47).

N Brown Group stock opened at GBX 183.70 ($2.58) on Thursday. N Brown Group has a twelve month low of GBX 181.20 ($2.54) and a twelve month high of GBX 361 ($5.07).

In other N Brown Group news, insider Matt Davies bought 10,000 shares of the company’s stock in a transaction that occurred on Monday, February 19th. The shares were purchased at an average price of GBX 193 ($2.71) per share, with a total value of £19,300 ($27,091.52).

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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.

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