Burberry Group plc (LON:BRBY – Get Free Report) has been given a consensus rating of “Reduce” by the seven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,827.71 ($22.58).
Separately, Royal Bank of Canada dropped their price objective on Burberry Group from GBX 1,500 ($18.53) to GBX 1,200 ($14.82) and set a “sector perform” rating for the company in a research note on Thursday, April 4th.
View Our Latest Analysis on Burberry Group
Burberry Group Trading Up 0.7 %
Burberry Group Company Profile
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.
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