Zacks Investment Research downgraded Belmond Ltd (NYSE:BEL) to Sell in a report released today.
- Updated: October 5, 2016
Zacks Investment Research has downgraded Belmond Ltd (NYSE:BEL) to Sell in a report released on 10/5/2016.
Just yesterday Belmond Ltd (NYSE:BEL) traded 0.16% higher at $12.57. Belmond Ltd’s 50-day moving average is $11.74 and its 200-day moving average is $10.37. The last stock price is up 21.16% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 229,743 shares of BEL traded hands, down from an average trading volume of 431,922
Recent Performance Chart
Belmond Ltd has 52 week low of $7.31 and a 52 week high of $12.86 with a PE ratio of 75.27 and has a market capitalization of $0.
Also covering Belmond Ltd's price target, a total of 6 brokers have issued a research note on the company. The average stock price target is $10.25 with 0 firms rating the company a strong buy, three analysts rating the company a buy, one equity analyst rating the company a hold, two brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On 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.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.