Several brokerages have updated their recommendations and price targets on shares of Burberry Group plc (LON: BRBY) in the last few weeks:

  • 10/3/2017 – Burberry Group plc had its price target raised by analysts at Royal Bank Of Canada from GBX 1,550 ($20.56) to GBX 1,600 ($21.22). They now have an “underperform” rating on the stock.
  • 10/2/2017 – Burberry Group plc had its price target raised by analysts at HSBC Holdings plc from GBX 1,580 ($20.96) to GBX 1,680 ($22.28). They now have a “reduce” rating on the stock.
  • 9/27/2017 – Burberry Group plc had its price target raised by analysts at Deutsche Bank AG from GBX 1,650 ($21.89) to GBX 1,775 ($23.54). They now have a “hold” rating on the stock.
  • 9/19/2017 – Burberry Group plc had its price target raised by analysts at Morgan Stanley from GBX 1,495 ($19.83) to GBX 1,748 ($23.19). They now have an “equal weight” rating on the stock.
  • 9/11/2017 – Burberry Group plc had its “sell” rating reaffirmed by analysts at Bryan, Garnier & Co.
  • 9/8/2017 – Burberry Group plc had its price target raised by analysts at Credit Suisse Group from GBX 1,650 ($21.89) to GBX 2,000 ($26.53). They now have an “outperform” rating on the stock.
  • 9/4/2017 – Burberry Group plc had its price target raised by analysts at Societe Generale from GBX 1,715 ($22.75) to GBX 1,890 ($25.07). They now have a “hold” rating on the stock.
  • 8/25/2017 – Burberry Group plc had its “sell” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 1,350 ($17.91) price target on the stock.
  • 8/8/2017 – Burberry Group plc had its “neutral” rating reaffirmed by analysts at BNP Paribas. They now have a GBX 1,650 ($21.89) price target on the stock.

Shares of Burberry Group plc (LON BRBY) opened at 1786.00 on Wednesday. The company has a 50 day moving average of GBX 1,770.75 and a 200 day moving average of GBX 1,722.11. The firm’s market cap is GBX 7.77 billion. Burberry Group plc has a 52 week low of GBX 1,360.00 and a 52 week high of GBX 1,879.00.

In related news, insider Christopher Bailey sold 174,050 shares of the company’s stock in a transaction dated Monday, August 7th. The shares were sold at an average price of GBX 1,797 ($23.84), for a total value of £3,127,678.50 ($4,148,664.94).

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.

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