Should You Buy Berkshire Hathaway Stock While It's Below $465?
Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock has rallied more than 20% over the past 12 months, and only trades about 3% below its all-time high. Warren Buffett's diversified conglomerate generated those steady returns even as inflation, elevated interest rates, and geopolitical conflicts rattled the broader markets.
Investors might be wary of chasing that rally, but Berkshire's Class B shares are still trading below Wall Street's target-price range of $465 to $506. Should investors load up on this evergreen stock before it reaches that lowest price target?
Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.
Source Fool.com
Berkshire Hathaway Inc. A Stock
Currently there is a rather positive sentiment for Berkshire Hathaway Inc. A with 3 Buy predictions and 0 Sell predictions.
As a result the target price of 650000 € shows a slightly positive potential of 8.24% compared to the current price of 600500.0 € for Berkshire Hathaway Inc. A.