Seeking Alpha

Nomura raises target on Berkshire

  • If you have a couple of hundred thousand to spare, shares of Berkshire Hathaway (BRK.A) are a steal at 176.5K each, Nomura thinks.
  • Analyst Clifford Gallant raises his price target to $192K (from $187K), citing BRK's Q2 results. "The company [is] levered to benefit from an improving US economy," he notes.
  • FY13, and FY14 EPS estimates are raised from $9,060.51 to $9,328.55 and from $9,793.98 to $9,928.01 respectively.
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Comments (4)
  • chopchop0
    , contributor
    Comments (4105) | Send Message
     
    I guess Nomura has never heard of "BRK.B"
    5 Aug 2013, 09:31 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (5822) | Send Message
     
    (BRK.A) market cap: $293.97 billion
    (BRK.B) market cap: $292.64 billion

     

    In my opinion, (BRK.A) should have the largest market cap of any company.
    5 Aug 2013, 09:35 AM Reply Like
  • murrowboy2
    , contributor
    Comments (5) | Send Message
     
    i wish when i lived in omaha many years ago, about 1 mile from warren, i offered him a cherry coke and he invited me to play ping-pong and stay for a chat about the stock market!
    5 Aug 2013, 12:59 PM Reply Like
  • JSRR1950
    , contributor
    Comments (77) | Send Message
     
    the equivalency between Berkshire A and B is 1500. Originally the BRK.B shares were 1/30 of an A share, and then they split a few years ago 50:1. So divide the A-share price by (50x30) 1500, and you get the approximate B-share price. So $192,000 on the A-shares will translate to a $128 B-share price. They move more or less together, so owning B-shares is a fine way to own Berkshire.
    6 Aug 2013, 01:50 PM Reply Like
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