It’s time to buy Berkshire Hathaway, according to UBS, which initiated coverage on Warren Buffett’s conglomerate at the beginning of this week.
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UBS’ equity analysts, Brian Meredith, Jason Efkeman and Michael Klaiber present their buy case for Berkshire's stock across a 55-page research report, which looks at all the various components of the Berkshire Empire. And, by using a sum-of-the-parts analysis, the analysts arrive at a 12-month price target of $244,500.00 for Berkshire’s A shares.
Comments on Mistakes and Buffett’s Original Berkshire Hathaway Purchase
Below is a brief summary of the points made by UBS in the report.
