N Brown Group (LON:BWNG) had its price target decreased by equities researchers at HSBC from GBX 140 ($1.84) to GBX 80 ($1.05) in a report released on Thursday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. HSBC’s price target indicates a potential upside of 266.13% from the stock’s previous close.
BWNG has been the subject of a number of other reports. Peel Hunt restated a “hold” rating on shares of N Brown Group in a research report on Tuesday. Berenberg Bank decreased their price objective on N Brown Group from GBX 125 ($1.64) to GBX 100 ($1.32) and set a “hold” rating for the company in a research report on Wednesday, January 22nd. Shore Capital restated a “house stock” rating on shares of N Brown Group in a research report on Wednesday, January 29th. Finally, Stifel Nicolaus lowered N Brown Group to a “sell” rating and reduced their price target for the company from GBX 141 ($1.85) to GBX 60 ($0.79) in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the stock. N Brown Group currently has a consensus rating of “Hold” and an average price target of GBX 121.67 ($1.60).
Shares of LON BWNG opened at GBX 21.85 ($0.29) on Thursday. N Brown Group has a one year low of GBX 10.02 ($0.13) and a one year high of GBX 163.90 ($2.16). The firm has a market capitalization of $62.64 million and a PE ratio of -3.41. The company has a current ratio of 4.63, a quick ratio of 4.00 and a debt-to-equity ratio of 175.87. The business has a 50-day moving average price of GBX 19.18 and a two-hundred day moving average price of GBX 78.04.
About N Brown Group
N Brown Group plc operates as a digital fashion retailer in the United Kingdom. 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 brands.
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