Berkshire Hathaway (NYSE:BRK.A) Upgraded to Buy by ValuEngine

ValuEngine upgraded shares of Berkshire Hathaway (NYSE:BRK.A) from a hold rating to a buy rating in a report released on Thursday, June 6th, ValuEngine reports.

Separately, TheStreet downgraded shares of Berkshire Hathaway from a b rating to a c rating in a research report on Friday, February 22nd.

BRK.A stock traded up $65.00 during mid-day trading on Thursday, hitting $318,350.00. The stock had a trading volume of 260 shares, compared to its average volume of 237. Berkshire Hathaway has a 52 week low of $279,410.00 and a 52 week high of $335,900.00. The stock has a market capitalization of $522.09 billion, a price-to-earnings ratio of 21.12 and a beta of 0.85. The stock’s fifty day moving average is $307,367.59.

Berkshire Hathaway (NYSE:BRK.A) last announced its quarterly earnings results on Saturday, May 4th. The financial services provider reported $3,387.20 earnings per share (EPS) for the quarter. The company had revenue of $60.68 billion for the quarter. Berkshire Hathaway had a net margin of 10.73% and a return on equity of 6.83%.

Berkshire Hathaway Company Profile

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, stores, and distributes electricity from natural gas, coal, wind, solar, hydro, nuclear, and geothermal 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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