Burberry Group’s (BRBY) “Underperform” Rating Reiterated at Jefferies Financial Group

Burberry Group (LON:BRBY – Get Free Report)‘s stock had its “underperform” rating reissued by analysts at Jefferies Financial Group in a report released on Wednesday,London Stock Exchange reports. They currently have a GBX 940 price objective on the stock. Jefferies Financial Group’s price target points to a potential downside of 12.80% from the stock’s previous close.

Several other equities analysts have also weighed in on BRBY. Royal Bank Of Canada reaffirmed an “outperform” rating and set a GBX 1,400 target price on shares of Burberry Group in a report on Tuesday, May 19th. Berenberg Bank reissued a “hold” rating and set a GBX 1,080 target price on shares of Burberry Group in a research note on Tuesday, June 16th. UBS Group restated a “buy” rating and issued a GBX 1,410 price target on shares of Burberry Group in a research note on Monday, May 11th. Citigroup lowered their price target on Burberry Group from GBX 1,590 to GBX 1,560 and set a “buy” rating on the stock in a research report on Monday, June 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,480 target price on shares of Burberry Group in a research note on Monday, May 18th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of GBX 1,322.22.

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Burberry Group Price Performance

Shares of LON BRBY opened at GBX 1,078 on Wednesday. The company has a market cap of £3.87 billion, a PE ratio of 182.71, a P/E/G ratio of 1.66 and a beta of 1.48. The company has a debt-to-equity ratio of 162.02, a quick ratio of 1.63 and a current ratio of 1.87. The business has a 50-day simple moving average of GBX 1,143.71 and a two-hundred day simple moving average of GBX 1,166.21. Burberry Group has a fifty-two week low of GBX 976 and a fifty-two week high of GBX 1,376.50.

Burberry Group (LON:BRBY – Get Free Report) last released its earnings results on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. Burberry Group had a net margin of 0.87% and a return on equity of 2.29%. The company had revenue of GBX 242 billion for the quarter. As a group, equities analysts expect that Burberry Group will post 32.6294821 EPS for the current fiscal year.

Burberry Group Company Profile

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Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.

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