Jefferies analyst David Katz reiterated a Buy rating on Belmond Ltd (BEL) yesterday and set a price target of $22. The company’s shares closed yesterday at $18.75, close to its 52-week high of $18.85.
According to TipRanks.com, Katz has 0 stars on 0-5 star ranking scale with an average return of -12.3% and a 11.9% success rate. Katz covers the Services sector, focusing on stocks such as International Game Technology, Golden Entertainment, and Churchill Downs Inc.
Belmond Ltd has an analyst consensus of Hold, with a price target consensus of $18.
See today’s analyst top recommended stocks >>
Based on Belmond Ltd’s latest earnings release for the quarter ending June 30, the company reported a quarterly GAAP net loss of $1.52 million. In comparison, last year the company had a net profit of $7.77 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Belmond Ltd. is a hotel and travel company, which operates hotel, river cruise, safari and luxury rail businesses. Its hotels include Belmond Grand Hotel Europe, Belmond Copacabana Palace, Belmond Maroma Resort & Spa, and Belmond El Encanto, Santa Barbara; and tourist trains include VSOE, the Eastern & Oriental Express and Belmond Royal Scotsman.
