FY2017 Earnings Estimate for Burberry Group PLC (BURBY) Issued By Jefferies Group
Burberry Group PLC (OTC:BURBY) – Stock analysts at Jefferies Group cut their FY2017 earnings per share (EPS) estimates for shares of Burberry Group PLC in a report released on Wednesday. Jefferies Group analyst C. Yap now expects that the brokerage will post earnings per share of $0.95 for the year, down from their prior forecast of $0.96.
Separately, Berenberg Bank initiated coverage on Burberry Group PLC in a report on Thursday, October 13th. They issued a “buy” rating on the stock.
Shares of Burberry Group PLC (OTC:BURBY) traded down 2.95% during trading on Thursday, reaching $17.77. 12,572 shares of the company were exchanged. Burberry Group PLC has a one year low of $13.88 and a one year high of $22.50. The firm’s 50 day moving average price is $18.27 and its 200 day moving average price is $17.09.
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