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

Shares of Burberry Group plc (LON:BRBY) have been assigned a consensus rating of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat.com reports. Two analysts have rated the stock with a sell rating and six have assigned a buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is GBX 1,348.75.

Several equities analysts have recently commented on the stock. UBS Group restated a “buy” rating and set a GBX 1,570 price target on shares of Burberry Group in a report on Friday, January 16th. JPMorgan Chase & Co. lowered shares of Burberry Group to an “underweight” rating and increased their price objective for the company from GBX 850 to GBX 950 in a report on Friday, November 28th. 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 research report on Thursday, November 13th. Barclays raised shares of Burberry Group to an “overweight” rating and increased their price objective for the stock from GBX 1,340 to GBX 1,450 in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a GBX 1,400 price target on shares of Burberry Group in a research report on Thursday, January 22nd.

Burberry Group Stock Performance

Shares of BRBY stock opened at GBX 1,195.50 on Friday. The firm has a market capitalization of £4.28 billion, a P/E ratio of -166.04, 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 company’s fifty day moving average price is GBX 1,236.90 and its two-hundred day moving average price is GBX 1,213.25. Burberry Group has a 12 month low of GBX 597 and a 12 month high of GBX 1,376.50.

Burberry Group (LON:BRBY) last posted 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, research analysts anticipate that Burberry Group will post 32.6294821 earnings per share for the current fiscal 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.