Burberry Group plc (LON:BRBY) Receives GBX 1,325.56 Consensus Target Price from Brokerages

Shares of Burberry Group plc (LON:BRBYGet Free Report) have been assigned an average rating of “Hold” from the nine analysts that are presently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, one has issued a hold rating and six have issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 1,325.56.

Several brokerages have commented on BRBY. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 1,400 price objective on shares of Burberry Group in a report on Tuesday, May 19th. JPMorgan Chase & Co. raised their price objective on Burberry Group from GBX 950 to GBX 980 and gave the company an “underweight” rating in a report on Friday, May 15th. UBS Group reissued a “buy” rating and issued a GBX 1,410 price objective on shares of Burberry Group in a report on Monday, May 11th. Jefferies Financial Group reissued an “underperform” rating and issued a GBX 940 price objective on shares of Burberry Group in a report on Friday, May 15th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 1,080 price objective on shares of Burberry Group in a report on Wednesday, May 20th.

Read Our Latest Stock Report on Burberry Group

Insider Buying and Selling

In other Burberry Group news, insider Stella King acquired 608 shares of the company’s stock in a transaction on Friday, March 20th. The shares were bought at an average cost of GBX 1,024 per share, with a total value of £6,225.92. Insiders own 0.54% of the company’s stock.

Burberry Group Stock Down 0.3%

Shares of BRBY stock opened at GBX 1,179 on Tuesday. The stock has a 50 day moving average of GBX 1,124.60 and a 200 day moving average of GBX 1,171.23. The company has a current ratio of 1.87, a quick ratio of 1.63 and a debt-to-equity ratio of 162.02. The stock has a market cap of £4.22 billion, a P/E ratio of -163.75, a P/E/G ratio of 1.66 and a beta of 0.68. Burberry Group has a twelve month low of GBX 976 and a twelve month high of GBX 1,376.50.

Burberry Group (LON:BRBYGet Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. The company 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%. As a group, sell-side analysts expect that Burberry Group will post 32.6294821 EPS for the current year.

Burberry Group Company Profile

(Get Free Report)

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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Analyst Recommendations for Burberry Group (LON:BRBY)

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