Aurel – BGC Reiterates “Buy” Rating for Burberry Group plc (BRBY)
Burberry Group plc (LON:BRBY)‘s stock had its “buy” rating restated by equities researchers at Aurel – BGC in a research report issued on Monday. They currently have a GBX 1,700 ($29.16) target price on the stock. Aurel – BGC’s price target indicates a potential upside of 16.60% from the company’s current price.
A number of other analysts have also recently weighed in on BRBY. Analysts at Societe Generale cut their price target on shares of Burberry Group plc from GBX 1,560 ($26.76) to GBX 1,520 ($26.07) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Nomura reiterated a “neutral” rating on shares of Burberry Group plc in a research note on Wednesday, July 2nd. They now have a GBX 1,620 ($27.79) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Burberry Group plc in a research note on Wednesday, July 2nd. They now have a GBX 1,560 ($26.76) price target on the stock. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and an average target price of GBX 1,612.17 ($27.65).
Shares of Burberry Group plc (LON:BRBY) opened at 1440.00 on Monday. Burberry Group plc has a 52 week low of GBX 1348.00 and a 52 week high of GBX 1687.0001. The stock has a 50-day moving average of GBX 1489. and a 200-day moving average of GBX 1474.. The company’s market cap is £6.314 billion.
Burberry Group plc (LON:BRBY) is a holding company.
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