Burberry Group (LON:BRBY) Rating Reiterated by Citigroup

Citigroup reiterated their neutral rating on shares of Burberry Group (LON:BRBY) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.

Other research analysts have also recently issued research reports about the company. Deutsche Bank reissued a hold rating on shares of Burberry Group in a research note on Thursday, January 16th. Bryan, Garnier & Co increased their target price on Burberry Group from GBX 1,780 ($23.41) to GBX 1,860 ($24.47) and gave the company a neutral rating in a research note on Friday, January 10th. Main First Bank cut Burberry Group to a hold rating in a research note on Monday, January 27th. Goldman Sachs Group increased their target price on Burberry Group from GBX 2,177 ($28.64) to GBX 2,200 ($28.94) and gave the company a neutral rating in a research note on Wednesday, November 27th. Finally, Royal Bank of Canada reduced their target price on Burberry Group from GBX 1,930 ($25.39) to GBX 1,900 ($24.99) and set an underperform rating on the stock in a research note on Thursday, January 23rd. Three analysts have rated the stock with a sell rating, eleven have issued a hold rating and one has issued a buy rating to the company. The stock presently has an average rating of Hold and a consensus price target of GBX 2,050.21 ($26.97).

BRBY opened at GBX 1,998.50 ($26.29) on Tuesday. The stock has a market cap of $8.09 billion and a PE ratio of 23.08. The company has a quick ratio of 1.06, a current ratio of 1.69 and a debt-to-equity ratio of 88.99. Burberry Group has a 52 week low of GBX 1,678 ($22.07) and a 52 week high of GBX 2,362 ($31.07). The business’s fifty day simple moving average is GBX 2,137.15 and its 200 day simple moving average is GBX 2,118.79.

In related news, insider Debra L. Lee acquired 450 shares of Burberry Group stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of GBX 2,194 ($28.86) per share, with a total value of £9,873 ($12,987.37).

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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Analyst Recommendations for Burberry Group (LON:BRBY)

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