Burberry Group plc (LON:BRBY) Receives Consensus Recommendation of “Hold” from Analysts

Burberry Group plc (LON:BRBY) has earned an average recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,281.25.

Several equities research analysts have weighed in on the company. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 940 target price on shares of Burberry Group in a report on Wednesday, June 24th. Citigroup decreased their price objective on Burberry Group from GBX 1,560 to GBX 1,510 and set a “buy” rating for the company in a report on Wednesday, August 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,480 price objective on shares of Burberry Group in a research note on Monday, May 18th. UBS Group reissued a “buy” rating and set a GBX 1,410 target price on shares of Burberry Group in a research report on Monday, May 11th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 1,080 price target on shares of Burberry Group in a report on Thursday, July 23rd.

Burberry Group Trading Down 0.6%

BRBY opened at GBX 1,095.50 on Thursday. The stock’s fifty day moving average is GBX 1,099.61 and its two-hundred day moving average is GBX 1,114.71. The company has a market capitalization of £3.92 billion, a P/E ratio of 185.68, a PEG ratio of 1.66 and a beta of 0.70. Burberry Group has a 52 week low of GBX 976 and a 52 week high of GBX 1,376.50. The company has a quick ratio of 1.63, a current ratio of 1.87 and a debt-to-equity ratio of 162.02.

Insider Transactions at Burberry Group

In other Burberry Group news, insider Kate Ferry acquired 32,026 shares of Burberry Group stock in a transaction that occurred on Thursday, June 25th. The stock was bought at an average price of GBX 1,089 per share, with a total value of £348,763.14. 0.66% of the stock is currently owned by insiders.

Burberry Group Company Profile

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.