Burberry Group plc (LON:BRBY) Given Consensus Recommendation of “Hold” by Brokerages

Burberry Group plc (LON:BRBY) has been given an average rating of “Hold” by the nine brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,322.22.

A number of research firms have commented on BRBY. JPMorgan Chase & Co. upped their price target on Burberry Group from GBX 950 to GBX 980 and gave the stock an “underweight” rating in a research note on Friday, May 15th. UBS Group reaffirmed a “buy” rating and issued a GBX 1,410 price objective on shares of Burberry Group in a research note on Monday, May 11th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,400 price objective on shares of Burberry Group in a report on Tuesday, May 19th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 940 target price on shares of Burberry Group in a research note on Wednesday, June 24th. Finally, Berenberg Bank restated a “hold” rating and set a GBX 1,080 target price on shares of Burberry Group in a report on Tuesday, June 16th.

Insider Transactions at Burberry Group

In other Burberry Group news, insider Kate Ferry purchased 32,026 shares of Burberry Group stock in a transaction dated Thursday, June 25th. The shares were acquired at an average price of GBX 1,089 per share, with a total value of £348,763.14. 0.63% of the stock is owned by company insiders.

Burberry Group Stock Performance

Shares of BRBY stock opened at GBX 1,069 on Wednesday. The firm’s 50 day moving average price is GBX 1,120.23 and its 200-day moving average price is GBX 1,147.82. The company has a debt-to-equity ratio of 162.02, a quick ratio of 1.63 and a current ratio of 1.87. Burberry Group has a one year low of GBX 976 and a one year high of GBX 1,376.50. The firm has a market cap of £3.84 billion, a P/E ratio of 181.19, a P/E/G ratio of 1.66 and a beta of 0.68.

Burberry Group (LON:BRBY) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. Burberry Group had a net margin of 0.87% and a return on equity of 2.29%. The firm had revenue of GBX 242 billion during the quarter. As a group, equities research analysts predict that Burberry Group will post 32.6294821 EPS 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.