A statement released earlier today by HSBC about Brown N Group PLC (LON:BWNG) drops the target price to 205.00GBX
- Updated: October 12, 2016
In a report announced on 10/13/2016 HSBC lowered the target price of Brown N Group PLC (LON:BWNG) from 215.00GBX to 205.00GBX reporting a possible upside of 0.07%.
On Tuesday October 11, 2016, N+1 Singer released a statement about Brown N Group PLC (LON:BWNG) maintained the target price at 280.00GBX that suggested an upside of 0.39%.
Having a price of 190.70GBX, Brown N Group PLC (LON:BWNG) traded -4.94% lower on the day. With the last stock price down -14.28% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of 197.49GBX and a 200-day moving average of 222.24GBX. 257,363 shares of the stock were exchanged, down from an average trading volume of 790,405
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Brown N Group PLC has a 52 week low of 159.90GBX and a 52 week high of 400.00GBX with a P/E ratio of 9.92 The company’s market cap is currently 0 GBX.
In addition to HSBC reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is 256.50GBX with 2 brokerages rating the stock a strong buy, 2 brokerages rating the stock a buy, 4 brokerages rating the stock a hold, 3 brokerages rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Brown N Group PLC (LON:BWNG)
N Brown Group plc is a digital specialist fit fashion retailer. The Company offers customers a range of products in clothing, footwear and home wares. The Company is a multichannel retailer. It operates through the Home Shopping segment. Its power brands include JD Williams, Simply Be and Jacamo. JD Williams is a department store concept offering style for 50-plus customers and their families. Simply Be is a women's clothing retailer, which offers a fashion collection regardless of the size. Jacamo offers in-house ranges, such as Label J and Black Label, alongside international brands. Its brands also include Ambrose Wilson, Julipa, Premier Man, House of Bath, Marisota, Fashion World, High and Mighty, and Figleaves. It offers financial services that focus on credit customer base and cash customers. It offers womenswear from sizes ranging from 10 to 32 and menswear from sizes ranging from small to 5XL. It operates a store estate in the United Kingdom that focuses on key shopping areas.
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