Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $12.20 on Belmond Ltd. (NYSE:BEL) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.25 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Belmond Ltd. (NYSE:BEL) stands at 68.32.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Belmond Ltd. Class A Common Sto, the PEG ratio for coming 3-5 years is 3.21.
The technical analysis highlights that Belmond Ltd. Class A Common Sto current is trading $0.47 points away or +4.30% from its 50-day moving average of $10.94. Further it is trading $1.72 or +17.71% away its 200-day moving average of $9.69.
The 52-week high of Belmond Ltd. (NYSE:BEL) was $12.04 while lowest point recorded in 52-week was $7.31. It implies if stock price makes a movement of over $-0.63, it will record a new 52-week high. In the case of +56.09% drop, it will touch a new 52-week low.
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