Burberry Group plc (LON:BRBY) Given Consensus Rating of “Hold” by Analysts

Shares of Burberry Group plc (LON:BRBY) have received a consensus recommendation of “Hold” from the seven research firms that are presently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and five have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is GBX 1,336.43.

A number of equities research analysts recently weighed in on the company. HSBC reaffirmed a “buy” rating and set a GBX 1,600 price objective on shares of Burberry Group in a research report on Tuesday, September 2nd. Deutsche Bank Aktiengesellschaft increased their price target on shares of Burberry Group from GBX 1,500 to GBX 1,550 and gave the company a “buy” rating in a research report on Thursday, November 13th. Jefferies Financial Group lifted their price objective on shares of Burberry Group from GBX 580 to GBX 680 and gave the stock an “underperform” rating in a research report on Tuesday, September 23rd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,400 price objective on shares of Burberry Group in a research note on Thursday, September 25th. Finally, JPMorgan Chase & Co. cut shares of Burberry Group to an “underweight” rating and increased their target price for the company from GBX 850 to GBX 950 in a research report on Friday, November 28th.

Burberry Group Stock Performance

Shares of LON:BRBY opened at GBX 1,252.50 on Friday. The firm has a 50 day moving average of GBX 1,222.39 and a 200 day moving average of GBX 1,204.05. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53. The company has a market capitalization of £4.52 billion, a price-to-earnings ratio of -173.96, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. Burberry Group has a 52 week low of GBX 597 and a 52 week high of GBX 1,375.

Burberry Group (LON:BRBY) last announced its earnings results on Thursday, November 13th. The company reported GBX 0.60 earnings per share (EPS) for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. On average, sell-side analysts predict that Burberry Group will post 32.6294821 earnings per share for the current fiscal year.

About Burberry Group

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. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.