Berkshire Hathaway Inc. (BRK.B) Given Average Rating of “Hold” by Brokerages

Berkshire Hathaway Inc. (NYSE:BRK.B) has been given a consensus recommendation of “Hold” by the five brokerages that are currently covering the firm, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $204.87.

A number of equities research analysts recently issued reports on the stock. Vetr upgraded shares of Berkshire Hathaway from a “hold” rating to a “strong-buy” rating and set a $204.74 target price for the company in a report on Tuesday, August 29th. Barclays PLC boosted their target price on shares of Berkshire Hathaway from $191.00 to $205.00 and gave the company an “overweight” rating in a report on Friday, August 11th. Finally, Zacks Investment Research downgraded shares of Berkshire Hathaway from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th.

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