Berkshire Hathaway (NYSE:BRK.A) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Monday.
Separately, Barclays reissued a “buy” rating and set a $378,000.00 price objective on shares of Berkshire Hathaway in a report on Tuesday, August 7th.
Shares of BRK.A opened at $335,630.00 on Monday. The company has a market cap of $524.80 billion, a price-to-earnings ratio of 38.18 and a beta of 0.90. Berkshire Hathaway has a 52 week low of $270,250.00 and a 52 week high of $335,900.00.
Berkshire Hathaway (NYSE:BRK.A) last issued its quarterly earnings data on Saturday, August 4th. The financial services provider reported $4,190.00 EPS for the quarter. The firm had revenue of $62.20 billion during the quarter. Berkshire Hathaway had a return on equity of 5.51% and a net margin of 19.78%.
About Berkshire Hathaway
Berkshire Hathaway Inc is a holding company owning subsidiaries engaged in various business activities. Its segments include Insurance, such as GEICO, Berkshire Hathaway Primary Group, General Re Corporation and Berkshire Hathaway Reinsurance Group; Burlington Northern Santa Fe, LLC, which is engaged in the operation of the railroad system; Berkshire Hathaway Energy, which includes regulated electric and gas utility; Manufacturing, which includes manufacturers of various products, including industrial, consumer and building products; McLane Company, which is engaged in the wholesale distribution of groceries and non-food items; Service and retailing, which includes providers of various services, including fractional aircraft ownership programs, aviation pilot training and various retailing businesses, and Finance and financial products, which includes manufactured housing and related consumer financing, transportation equipment, manufacturing and leasing, and furniture leasing.
Featured Story: What do I need to know about analyst ratings?
To view ValuEngine’s full report, visit ValuEngine’s official website.