Belmond Ltd Receives a Hold from J.P. Morgan

By Carrie Williams

J.P. Morgan analyst Joseph Greff reiterated a Hold rating on Belmond Ltd (NYSE: BEL) yesterday. The company’s shares opened today at $12.20, close to its 52-week high of $13.15.

According to TipRanks.com, Greff is a 5-star analyst with an average return of 10.0% and a 55.0% success rate. Greff covers the Services sector, focusing on stocks such as Pinnacle Entertainment, Penn National Gaming, and Red Rock Resorts Inc.

Belmond Ltd has an analyst consensus of Moderate Buy, with a price target consensus of $13.

The company has a one year high of $13.15 and a one year low of $7.31. Currently, Belmond Ltd has an average volume of 337.8K.

Belmond Ltd. owns and operates luxury deluxe hotels, restaurants, tourist trains and river cruises businesses. It is a luxury hotel company and sophisticated adventure travel operator, which seeks to deliver memorable experiences that are the ultimate expression of each destination’s authentic culture. The company was founded in 1976 by James B. Sherwood and is headquartered in Hamilton, Bermuda.