Berkshire Hathaway (NYSE:BRK.B) Upgraded to “Buy” at ValuEngine

Berkshire Hathaway (NYSE:BRK.B) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday, ValuEngine reports.

Separately, Zacks Investment Research downgraded shares of Berkshire Hathaway from a “hold” rating to a “sell” rating and set a $218.00 target price on the stock. in a report on Monday, October 14th.

Shares of Berkshire Hathaway stock traded down $1.43 during trading hours on Friday, reaching $221.31. The company’s stock had a trading volume of 3,253,521 shares, compared to its average volume of 3,882,753. The firm has a 50 day moving average price of $210.28 and a 200-day moving average price of $207.37. Berkshire Hathaway has a one year low of $186.10 and a one year high of $223.59. The stock has a market cap of $541.39 billion, a P/E ratio of 22.02, a P/E/G ratio of 3.00 and a beta of 0.84.

Berkshire Hathaway Company Profile

Berkshire Hathaway Inc, through its subsidiaries engages in insurance, freight rail transportation, and utility businesses. It provides property and casualty insurance and reinsurance, as well as life, accident, and health reinsurance; and operates railroad systems in North America. The company also generates, transmits, and distributes electricity primarily from solar, wind, geothermal, and hydro sources; operates natural gas distribution and storage facilities, interstate pipelines, and compressor and meter stations; and holds interest in coal mining assets.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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