Burberry Group plc (LON:BRBY) Given Average Recommendation of “Reduce” by Brokerages

Burberry Group plc (LON:BRBY) has been given a consensus rating of “Reduce” by the seven analysts that are presently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 1,827.71 ($22.58).

Separately, Royal Bank of Canada dropped their price objective on Burberry Group from GBX 1,500 ($18.53) to GBX 1,200 ($14.82) and set a “sector perform” rating for the company in a research note on Thursday, April 4th.

Burberry Group Trading Up 0.7 %

Shares of Burberry Group stock opened at GBX 1,152 ($14.23) on Monday. The company has a debt-to-equity ratio of 138.77, a quick ratio of 1.63 and a current ratio of 1.55. The company has a fifty day moving average of GBX 1,220.45 and a 200 day moving average of GBX 1,390.92. The company has a market capitalization of £4.13 billion, a P/E ratio of 960.00, a P/E/G ratio of 4.39 and a beta of 1.12. Burberry Group has a fifty-two week low of GBX 1,103.50 ($13.63) and a fifty-two week high of GBX 2,632 ($32.51).

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.