Burberry Group plc Stock Rating Reaffirmed by BNP Paribas (BRBY)
Burberry Group plc (LON:BRBY)‘s stock had its “outperform” rating restated by BNP Paribas in a research note issued on Thursday. They currently have a GBX 1,700 ($28.61) target price on the stock. BNP Paribas’ price objective would suggest a potential upside of 20.57% from the stock’s previous close.
A number of other firms have also recently commented on BRBY. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Burberry Group plc in a research note on Friday, July 25th. They now have a GBX 1,615 ($27.17) price target on the stock. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Burberry Group plc in a research note on Monday, July 14th. They now have a GBX 1,550 ($26.08) price target on the stock. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Burberry Group plc in a research note on Friday, July 11th. They now have a GBX 1,550 ($26.08) price target on the stock. One investment analyst has rated the stock with a sell rating, eleven have given a hold rating, four have given a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,597.73 ($26.88).
Burberry Group plc (LON:BRBY) traded down 0.70% on Thursday, hitting GBX 1410.00. 895,581 shares of the company’s stock traded hands. Burberry Group plc has a 52 week low of GBX 1348.00 and a 52 week high of GBX 1687.0001. The stock’s 50-day moving average is GBX 1440. and its 200-day moving average is GBX 1465.81. The company’s market cap is £6.182 billion.
Burberry Group plc (LON:BRBY) is a holding company.
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