Burberry Group plc Given Outperform Rating at BNP Paribas (BRBY)
Burberry Group plc (LON:BRBY)‘s stock had its “outperform” rating reiterated by equities researchers at BNP Paribas in a research report issued on Tuesday. They currently have a GBX 1,700 ($28.21) target price on the stock. BNP Paribas’ target price points to a potential upside of 18.55% from the company’s current price.
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, August 22nd. They now have a GBX 1,615 ($26.80) price target on the stock. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating, four have assigned a buy rating and one has given a strong buy rating to the stock. Burberry Group plc currently has a consensus rating of “Hold” and a consensus target price of GBX 1,601.14 ($26.57).
Shares of Burberry Group plc (LON:BRBY) opened at 1452.00 on Tuesday. 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 1434. and its 200-day moving average is GBX 1462.. The company’s market cap is £6.366 billion.
Burberry Group plc (LON:BRBY) is a holding company.
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