FY2018 Earnings Forecast for Burberry Group PLC (BURBY) Issued By Jefferies Group
Burberry Group PLC (OTC:BURBY) – Jefferies Group lifted their FY2018 earnings estimates for shares of Burberry Group PLC in a research note issued on Wednesday. Jefferies Group analyst C. Yap now anticipates that the firm will post earnings of $0.95 per share for the year, up from their prior forecast of $0.91. Jefferies Group also issued estimates for Burberry Group PLC’s FY2019 earnings at $1.11 EPS.
Separately, Berenberg Bank started coverage on shares of Burberry Group PLC in a report on Thursday, October 13th. They set a “buy” rating on the stock.
Shares of Burberry Group PLC (OTC:BURBY) traded down 2.95% on Friday, hitting $17.77. The stock had a trading volume of 12,572 shares. The firm has a 50-day moving average of $18.27 and a 200 day moving average of $17.09. Burberry Group PLC has a 1-year low of $13.88 and a 1-year high of $22.50.
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