Shares of Brambles Ltd. (OTCMKTS:BXBLY – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $26.15, but opened at $23.59. Brambles shares last traded at $23.44, with a volume of 75,499 shares changing hands.
Analyst Ratings Changes
Several brokerages have recently weighed in on BXBLY. UBS Group raised shares of Brambles to a “buy” rating in a research report on Monday. Zacks Research raised shares of Brambles to a “hold” rating in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group raised shares of Brambles to a “neutral” rating and set a $19.34 price target on the stock in a research report on Tuesday. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $19.34.
Get Our Latest Report on BXBLY
Brambles Trading Down 5.1%
Brambles Company Profile
Brambles Limited (OTCMKTS:BXBLY) is a global supply-chain logistics company headquartered in Sydney, Australia, best known for its pooled pallet and reusable packaging services. The company operates the CHEP brand for pallets and larger load-carrier solutions and the IFCO brand for reusable plastic crates, offering customers standardized, shared assets that move goods through retail, grocery, manufacturing and other supply chains.
Brambles’ core activities include the management, distribution and maintenance of pooled pallets, crates and containers; repair and refurbishment services; and logistics support such as asset tracking and inventory management.
Featured Articles
- Five stocks we like better than Brambles
- Analog Devices Provides Much-Needed Pullback: How Low Can It Go?
- Arhaus Stock Drops to 52-Week Low After Q1 Earnings
- Tesla Ends Model S and X Era, Bets Everything on What’s Next
- Why AST SpaceMobile Is the Bigger Winner of the AT&T, T-Mobile, and Verizon Joint Venture
Receive News & Ratings for Brambles Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brambles and related companies with MarketBeat.com's FREE daily email newsletter.
