Berkshire Hathaway Inc. (BRK.B) Receives $206.58 Consensus Target Price from Brokerages
Berkshire Hathaway Inc. (NYSE:BRK.B) has earned an average rating of “Hold” from the six ratings firms that are currently covering the stock, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation, two have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $206.58.
A number of equities research analysts have recently commented on the company. Vetr upgraded Berkshire Hathaway from a “hold” rating to a “buy” rating and set a $198.46 target price on the stock in a research note on Monday, August 7th. Zacks Investment Research upgraded shares of Berkshire Hathaway from a “sell” rating to a “hold” rating in a research report on Tuesday, June 27th. J P Morgan Chase & Co initiated coverage on shares of Berkshire Hathaway in a report on Thursday, September 14th. They set an “overweight” rating and a $210.00 price objective for the company. Finally, Barclays PLC raised their price objective on shares of Berkshire Hathaway from $191.00 to $205.00 and gave the stock an “overweight” rating in a report on Friday, August 11th.
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About Berkshire Hathaway
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