Shares of Braemar Plc (LON:BMS – Get Free Report) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 231.03 and traded as low as GBX 210. Braemar shares last traded at GBX 211, with a volume of 17,845 shares changing hands.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 320 price objective on shares of Braemar in a research report on Wednesday, November 5th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of GBX 320.
View Our Latest Stock Report on BMS
Braemar Stock Down 0.7%
About Braemar
Braemar provides expert advice in shipping investment, chartering, and risk management to enable its clients to secure sustainable returns and mitigate risk in the volatile world of shipping.
Our experienced brokers work in tandem with specialist professionals to form teams tailored to our customers’ needs, and provide an integrated service supported by a collaborative culture.
For more information, including our investor presentation, please visit www.braemar.com.
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