Sanford C. Bernstein Reaffirms “Market Perform” Rating for Burberry Group plc (BRBY)
Burberry Group plc (LON:BRBY)‘s stock had its “market perform” rating reiterated by equities researchers at Sanford C. Bernstein in a research report issued on Thursday. They currently have a GBX 1,615 ($26.80) target price on the stock. Sanford C. Bernstein’s price target would indicate a potential upside of 9.57% from the company’s current price.
A number of other firms have also recently commented on BRBY. Analysts at Barclays reiterated an “equal weight” rating on shares of Burberry Group plc in a research note on Wednesday. They now have a GBX 1,550 ($25.72) price target on the stock. Separately, analysts at BNP Paribas reiterated an “outperform” rating on shares of Burberry Group plc in a research note on Tuesday. They now have a GBX 1,700 ($28.21) price target on the stock. Finally, analysts at BNP Paribas reiterated an “outperform” rating on shares of Burberry Group plc in a research note on Thursday, August 7th. They now have a GBX 1,700 ($28.21) price target on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. Burberry Group plc presently has an average rating of “Hold” and a consensus target price of GBX 1,601.14 ($26.57).
Shares of Burberry Group plc (LON:BRBY) opened at 1464.00 on Thursday. Burberry Group plc has a 1-year low of GBX 1348.00 and a 1-year high of GBX 1687.0001. The stock’s 50-day moving average is GBX 1436. and its 200-day moving average is GBX 1462.06. The company’s market cap is £6.419 billion.
Burberry Group plc (LON:BRBY) is a holding company.
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