Burberry Group plc (LON:BRBY) has been given an average rating of “Hold” by the twenty ratings firms that are covering the firm, MarketBeat.com reports. Five research analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,669.28 ($21.80).

Several research firms recently issued reports on BRBY. Credit Suisse Group reissued a “neutral” rating on shares of Burberry Group plc in a report on Friday. BNP Paribas reissued a “neutral” rating and set a GBX 1,650 ($21.55) price target on shares of Burberry Group plc in a report on Thursday. J P Morgan Chase & Co increased their price target on shares of Burberry Group plc from GBX 1,600 ($20.89) to GBX 1,620 ($21.15) and gave the stock a “neutral” rating in a report on Thursday, July 13th. Deutsche Bank AG reissued a “hold” rating and set a GBX 1,650 ($21.55) price target on shares of Burberry Group plc in a report on Thursday, July 13th. Finally, Beaufort Securities reissued a “buy” rating and set a GBX 1,920 ($25.07) price target on shares of Burberry Group plc in a report on Thursday, July 13th.

In other Burberry Group plc news, insider Julie Brown purchased 9,621 shares of the stock in a transaction dated Friday, May 19th. The shares were acquired at an average cost of GBX 1,725 ($22.53) per share, for a total transaction of £165,962.25 ($216,717.48).

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Burberry Group plc (LON:BRBY) traded down 0.73% during midday trading on Friday, hitting GBX 1643.00. The stock had a trading volume of 1,025,009 shares. Burberry Group plc has a 12 month low of GBX 1,228.00 and a 12 month high of GBX 1,879.00. The stock’s market cap is GBX 7.15 billion. The stock has a 50 day moving average of GBX 1,698.87 and a 200 day moving average of GBX 1,681.59.

The firm also recently declared a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, July 6th will be given a GBX 28.40 ($0.37) dividend. The ex-dividend date is Thursday, July 6th. This is a positive change from Burberry Group plc’s previous dividend of $10.50. This represents a dividend yield of 1.65%.

About Burberry Group plc

Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company’s segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts.

Analyst Recommendations for Burberry Group plc (LON:BRBY)

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