Burberry Group plc (LON:BRBY – Get Free Report) has been given an average recommendation of “Hold” by the nine ratings firms that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 1,316.67.
A number of analysts have commented on BRBY shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 1,480 price objective on shares of Burberry Group in a research note on Monday, May 18th. Citigroup decreased their price objective on shares of Burberry Group from GBX 1,560 to GBX 1,510 and set a “buy” rating for the company in a research note on Wednesday. JPMorgan Chase & Co. lifted their price objective on shares of Burberry Group from GBX 950 to GBX 980 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 940 target price on shares of Burberry Group in a research note on Wednesday, June 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,400 target price on shares of Burberry Group in a report on Monday, July 20th.
Read Our Latest Research Report on BRBY
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Burberry Group Stock Up 0.5%
Shares of Burberry Group stock opened at GBX 1,103.50 on Friday. The stock’s fifty day moving average is GBX 1,114.60 and its 200-day moving average is GBX 1,123.84. The firm has a market capitalization of £3.95 billion, a PE ratio of 187.03, a price-to-earnings-growth ratio of 1.66 and a beta of 0.70. The company has a quick ratio of 1.63, a current ratio of 1.87 and a debt-to-equity ratio of 162.02. Burberry Group has a 12-month low of GBX 976 and a 12-month high of GBX 1,376.50.
Burberry Group (LON:BRBY – Get Free Report) last released its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. The business had revenue of GBX 242 billion during the quarter. Burberry Group had a return on equity of 2.29% and a net margin of 0.87%. Equities analysts anticipate that Burberry Group will post 32.6294821 earnings per share for the current year.
About Burberry Group
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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