Burberry Group plc (LON:BRBY) Receives Average Rating of “Hold” from Brokerages

Shares of Burberry Group plc (LON:BRBY) have been assigned a consensus rating of “Hold” from the nine analysts that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating on the company. The average 1 year price objective among brokers that have issued ratings on the stock in the last year is GBX 1,325.56.

Several equities analysts have commented on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a GBX 1,480 price target on shares of Burberry Group in a report on Monday, May 18th. Citigroup increased their price target on Burberry Group from GBX 1,570 to GBX 1,590 and gave the company a “buy” rating in a report on Monday, January 26th. Jefferies Financial Group reiterated an “underperform” rating and set a GBX 940 price target on shares of Burberry Group in a report on Friday, May 15th. JPMorgan Chase & Co. increased their price target on Burberry Group from GBX 950 to GBX 980 and gave the company an “underweight” rating in a report on Friday, May 15th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,400 price target on shares of Burberry Group in a report on Tuesday, May 19th.

Burberry Group Trading Down 1.4%

Shares of BRBY stock opened at GBX 1,108.50 on Tuesday. Burberry Group has a 12 month low of GBX 939.20 and a 12 month high of GBX 1,376.50. The company has a quick ratio of 1.63, a current ratio of 1.87 and a debt-to-equity ratio of 162.02. The business’s 50 day moving average is GBX 1,114.29 and its two-hundred day moving average is GBX 1,171.34. The company has a market cap of £3.97 billion, a PE ratio of -153.96, a price-to-earnings-growth ratio of 1.66 and a beta of 0.68.

Burberry Group (LON:BRBY) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 EPS for the quarter. Burberry Group had a return on equity of 2.29% and a net margin of 0.87%.The company had revenue of GBX 242 billion for the quarter. Equities analysts predict that Burberry Group will post 32.6294821 EPS for the current year.

Insider Activity

In related news, insider Stella King acquired 608 shares of the stock in a transaction dated Friday, March 20th. The shares were acquired at an average price of GBX 1,024 per share, for a total transaction of £6,225.92. Insiders own 0.54% of the company’s stock.

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.