Burberry Group plc (LON:BRBY) Receives GBX 1,335.71 Consensus PT from Analysts

Shares of Burberry Group plc (LON:BRBY) have received an average rating of “Hold” from the seven ratings firms that are covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among analysts that have covered the stock in the last year is GBX 1,335.71.

Several research analysts have recently issued reports on the stock. UBS Group restated a “buy” rating and issued a GBX 1,570 target price on shares of Burberry Group in a report on Friday, January 16th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Burberry Group from GBX 1,500 to GBX 1,550 and gave the company a “buy” rating in a research note on Thursday, November 13th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,400 target price on shares of Burberry Group in a research report on Thursday. Finally, JPMorgan Chase & Co. cut Burberry Group to an “underweight” rating and upped their target price for the company from GBX 850 to GBX 950 in a research report on Friday, November 28th.

Burberry Group Price Performance

Shares of LON BRBY opened at GBX 1,225.22 on Wednesday. The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. Burberry Group has a fifty-two week low of GBX 597 and a fifty-two week high of GBX 1,376.50. The firm has a market capitalization of £4.39 billion, a PE ratio of -170.17, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The stock’s 50-day simple moving average is GBX 1,241.07 and its 200-day simple moving average is GBX 1,227.52.

Burberry Group (LON:BRBY) last announced its quarterly earnings results on Thursday, November 13th. The company reported GBX 0.60 earnings per share (EPS) for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. As a group, equities research analysts forecast that Burberry Group will post 32.6294821 EPS for the current fiscal 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.