Braemar Plc (LON:BMS – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 225.37 and traded as high as GBX 245. Braemar shares last traded at GBX 235, with a volume of 967 shares trading hands.
Wall Street Analyst Weigh In
Several analysts recently commented on the stock. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 320 target price on shares of Braemar in a report on Thursday, May 21st. Jefferies Financial Group reissued a “buy” rating and issued a GBX 320 price target on shares of Braemar in a report on Thursday, July 2nd. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of GBX 320.
View Our Latest Research Report on BMS
Braemar Price Performance
Insider Activity at Braemar
In related news, insider James Christopher Duchar Gundy sold 103,088 shares of the firm’s stock in a transaction dated Friday, April 17th. The shares were sold at an average price of GBX 220, for a total transaction of £226,793.60. Company insiders own 16.53% of the company’s stock.
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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