Barclays Reaffirms Equal weight Rating for Burberry Group plc (BRBY)
Burberry Group plc (LON:BRBY)‘s stock had its “equal weight” rating reaffirmed by analysts at Barclays in a research report issued to clients and investors on Wednesday. They currently have a GBX 1,550 ($25.15) price objective on the stock. Barclays’ price target would suggest a potential upside of 2.31% from the stock’s previous close.
BRBY has been the subject of a number of other recent research reports. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Burberry Group plc in a research note on Tuesday, September 2nd. They now have a GBX 1,700 ($27.58) price target on the stock. Separately, 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 ($26.20) price target on the stock. Finally, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Burberry Group plc in a research note on Friday, August 8th. They now have a GBX 1,615 ($26.20) price target on the stock. One analyst has rated the stock with a sell rating, ten have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,601.14 ($25.98).
Burberry Group plc (LON:BRBY) opened at 1515.00 on Wednesday. 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 1441. and its 200-day moving average is GBX 1461.. The company’s market cap is £6.642 billion.
Burberry Group plc (LON:BRBY) is a holding company.
Receive News & Ratings for Burberry Group plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burberry Group plc and related companies with Analyst Ratings Network's FREE daily email newsletter.