Belmond Ltd (NYSE:BEL) has been upgraded to Hold in a report by Zacks Investment Research today.
- Updated: October 16, 2016
Boasting a price of $12.47, Belmond Ltd (NYSE:BEL) traded 0.41% higher on the day. The last stock close price is up 17.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. Belmond Ltd has recorded a 50-day average of $11.93 and a two hundred day average of $10.51. Volume of trade was down over the average, with 292,014 shares of BEL changing hands under the typical 365,434
Zacks Investment Research has upgraded Belmond Ltd (NYSE:BEL) to Hold in a statement released on 10/11/2016.
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Belmond Ltd has a 52 week low of $7.31 and a 52 week high of $12.86 with a P/E ratio of 73.71 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 6 brokerages have issued a research note on the company. The average stock price target is $10.25 with zero analysts rating the stock a strong buy, 3 equity analysts rating the company a buy, 1 firm rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 analysts rating the company a sell.
More About Belmond Ltd (NYSE:BEL)
Belmond Ltd. (Belmond), formerly Orient-Express Hotels Ltd. is a luxury hotel company and adventure travel operator. The Company owns, partially-owns and/or operates over 40 properties consisting of approximately 30 individual deluxe hotels, over one stand-alone restaurant, approximately six tourist trains and over three river/canal cruise businesses. Belmond operates in six segments, which include owned hotels-Europe, owned hotels-North America, owned hotels-Rest of World, part-owned/managed hotels, owned trains and cruises, and part-owned/managed trains. Its properties include hotels, such as Belmond Hotel Cipriani, Belmond Hotel Splendido and Belmond Splendido Mare, Belmond Hotel Caruso, Belmond Khwai River Lodge, Belmond Eagle Island Lodge and Belmond Savute Elephant Lodge, among others, and trains and cruises, such as Belmond British Pullman, Belmond Northern Belle, Belmond Royal Scotsman, Belmond Road to Mandalay and Eastern & Oriental Express, among others.
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