Barloworld Limited (ADR) (NASDAQ:BRRAY) has been downgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 16, 2016
Zacks Investment Research has downgraded Barloworld Limited (ADR) (NASDAQ:BRRAY) to Hold in a statement released on 10/11/2016.
On Monday August 15, 2016, Zacks Investment Research released a statement on Barloworld Limited (ADR) (NASDAQ:BRRAY) upped the target price from $0.00 to $6.75 that suggested an upside of 0.21%.
Having a price of $6.05, Barloworld Limited (ADR) (NASDAQ:BRRAY) traded 0.00% even on the day. With the last close up 11.95% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Barloworld Limited (ADR) has recorded a 50-day average of $6.06 and a two hundred day average of $5.40. Volume of trade was down over the average, with 0 shares of BRRAY changing hands under the typical 48
With a total market value of $0, Barloworld Limited (ADR) has price-earnings ratio of 10.24 with a one year low of $3.45 and a one year high of $6.72 .
More About Barloworld Limited (ADR) (NASDAQ:BRRAY)
Barloworld Limited is a South Africa-based distributor of international brands providing rental, fleet management, product support and logistics solutions. The Company's operating segments include the Equipment segment, which provides customers with integrated solutions that include Caterpillar earthmoving equipment, engines and other complementary brands; the Automotive segment, which provides customers with integrated motor vehicle usage solutions through the operation of car rental, motor retail and fleet services; the Logistics segment, which provides customers with logistics services and supply chain management solutions; the Handling segment, which provides material handling solutions, including lift trucks and warehouse handling equipment, and distribution of agricultural equipment, and the Corporate segment, which includes other Company activities, including the operations of the corporate office in Johannesburg and treasury in the United Kingdom.
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