UBS Group Reiterates “Buy” Rating for Burberry Group (LON:BRBY)

Burberry Group (LON:BRBY)‘s stock had its “buy” rating reissued by investment analysts at UBS Group in a research report issued to clients and investors on Friday, Marketbeat.com reports. They presently have a GBX 1,570 price objective on the stock. UBS Group’s price objective indicates a potential upside of 23.43% from the stock’s current price.

Other analysts have also issued research reports about the stock. JPMorgan Chase & Co. lowered shares of Burberry Group to an “underweight” rating and lifted their price objective for the company from GBX 850 to GBX 950 in a research note on Friday, November 28th. Jefferies Financial Group raised their price target on shares of Burberry Group from GBX 580 to GBX 680 and gave the stock an “underperform” rating in a report on Tuesday, September 23rd. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Burberry Group from GBX 1,500 to GBX 1,550 and gave the company a “buy” rating in a report on Thursday, November 13th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,400 target price on shares of Burberry Group in a research note on Thursday, September 25th. Five equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Burberry Group currently has an average rating of “Hold” and an average price target of GBX 1,335.71.

Burberry Group Stock Down 1.3%

Shares of LON:BRBY opened at GBX 1,272 on Friday. The company has a market capitalization of £4.56 billion, a price-to-earnings ratio of -176.67, a P/E/G ratio of 1.66 and a beta of 1.06. The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The business’s 50-day moving average is GBX 1,238.65 and its 200-day moving average is GBX 1,227.39. Burberry Group has a 1 year low of GBX 597 and a 1 year high of GBX 1,376.50.

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

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. 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.