Berkshire Hathaway Inc. (NYSE:BRK.B) Receives Average Rating of “Hold” from Analysts
Shares of Berkshire Hathaway Inc. (NYSE:BRK.B) have been given an average recommendation of “Hold” by the six research firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating on the company. The average 12 month target price among analysts that have covered the stock in the last year is $201.73.
A number of analysts have recently weighed in on BRK.B shares. Vetr upgraded shares of Berkshire Hathaway from a “hold” rating to a “buy” rating and set a $198.46 price target on the stock in a report on Monday. Zacks Investment Research cut shares of Berkshire Hathaway from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Finally, Barclays PLC raised their price target on shares of Berkshire Hathaway from $191.00 to $205.00 and gave the company an “overweight” rating in a report on Friday.
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