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

ValuEngine upgraded shares of Berkshire Hathaway (NYSE:BRK.B) from a hold rating to a buy rating in a research note issued to investors on Friday morning, ValuEngine reports.

Separately, Zacks Investment Research lowered shares of Berkshire Hathaway from a hold rating to a sell rating and set a $218.00 target price for the company. in a research note on Monday, October 14th.

BRK.B traded down $1.43 during mid-day trading on Friday, reaching $221.31. 3,253,521 shares of the company traded hands, compared to its average volume of 3,882,753. The stock has a market capitalization 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. The company’s fifty day moving average price is $210.28 and its 200-day moving average price is $207.37. Berkshire Hathaway has a 52-week low of $186.10 and a 52-week high of $223.59.

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About Berkshire Hathaway

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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