Berkshire Hathaway Inc. (BRK.B) Given Consensus Rating of “Buy” by Analysts
Berkshire Hathaway Inc. (NYSE:BRK.B) has received a consensus recommendation of “Buy” from the eight brokerages that are currently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and two have issued a strong buy rating on the company. The average 12 month price target among brokers that have covered the stock in the last year is $202.19.
BRK.B has been the topic of several analyst reports. Zacks Investment Research upgraded Berkshire Hathaway from a “sell” rating to a “hold” rating in a report on Tuesday, October 10th. Vetr upgraded Berkshire Hathaway from a “hold” rating to a “strong-buy” rating and set a $204.74 price objective on the stock in a report on Tuesday, August 29th. Morgan Stanley lifted their price objective on Berkshire Hathaway from $181.00 to $189.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 8th. J P Morgan Chase & Co initiated coverage on Berkshire Hathaway in a report on Thursday, September 14th. They issued an “overweight” rating and a $210.00 price objective on the stock. Finally, BidaskClub upgraded Berkshire Hathaway from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 23rd.
Shares of Berkshire Hathaway (NYSE:BRK.B) traded down $0.89 during mid-day trading on Thursday, reaching $196.66. The company’s stock had a trading volume of 3,590,000 shares, compared to its average volume of 3,430,000. Berkshire Hathaway has a 52-week low of $158.61 and a 52-week high of $199.92. The company has a market capitalization of $485,210.00, a price-to-earnings ratio of 31.67, a P/E/G ratio of 4.37 and a beta of 0.87.
Berkshire Hathaway Company Profile
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