Burberry Group Rating Reiterated by BNP Paribas (BRBY)
Burberry Group (LON:BRBY)‘s stock had its “neutral” rating reiterated by analysts at BNP Paribas in a research report issued to clients and investors on Thursday, Analyst Ratings Network reports.
Shares of Burberry Group (LON:BRBY) traded down 0.37% during mid-day trading on Thursday, hitting GBX 1616.00. 247,199 shares of the company’s stock traded hands. Burberry Group has a 52 week low of GBX 997.9999 and a 52 week high of GBX 1687.0001. The stock has a 50-day moving average of GBX 1581. and a 200-day moving average of GBX 1445.. The company’s market cap is £7.033 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Nomura reiterated a “neutral” rating on shares of Burberry Group (LON:BRBY) in a research note to investors on Thursday. They now have a GBX 1,630 ($26.11) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “buy” rating on shares of Burberry Group (LON:BRBY) in a research note to investors on Friday, September 20th. They now have a GBX 1,700 ($27.23) price target on the stock. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Burberry Group (LON:BRBY) in a research note to investors on Wednesday, September 18th. They now have a GBX 1,690 ($27.07) price target on the stock. Two equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating, seven have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,501.06 ($24.04).
Burberry Group plc is a holding company. It designs, sources, and markets luxury men’s, women’s and children’s clothing and non-apparel accessories globally through a diversified network of retail (LON:BRBY), wholesale and franchise channels.
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