The stock of Brambles Limited (ASX:BXB) is a huge mover today! The stock increased 1.63% or $0.19 on November 18, hitting $11.88. About 2.46 million shares traded hands. Brambles Limited (ASX:BXB) has declined 5.04% since April 22, 2016 and is downtrending. It has underperformed by 9.47% the S&P500.
The move comes after 9 months positive chart setup for the $18.75B company. It was reported on Nov, 18 by Barchart.com. We have $17.82 PT which if reached, will make ASX:BXB worth $9.38 billion more.
More notable recent Brambles Limited (ASX:BXB) news were published by: Fool.com.Au which released: “3 reasons Brambles Limited is a buy and hold forever share” on May 13, 2016, also Fool.com.Au with their article: “Another no brainer share to buy today: Brambles Limited” published on July 31, 2016, Fool.com.Au published: “4 reasons to buy Brambles Limited” on November 18, 2015. More interesting news about Brambles Limited (ASX:BXB) were released by: Fool.com.Au and their article: “Brambles Limited announces oil and gas expansion plans” published on August 05, 2016 as well as Fool.com.Au‘s news article titled: “Is Brambles Limited a bargain at this share price?” with publication date: November 09, 2016.
Brambles Limited is a supply-chain logistics company. The company has a market cap of $18.75 billion. The Firm is engaged in the provision of reusable pallets, crates and containers. It has a 25.5 P/E ratio. The Firm operates through six divisions, which include Pallets-Americas, Pallets-EMEA, Pallets-Asia-Pacific , Reusable Plastic Crates (RPCs) (crate-pooling businesses), Containers (container-pooling businesses) and Corporate (corporate center).
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