Carolyn McCall Purchases 1,368 Shares of Burberry Group plc (BRBY) Stock
Burberry Group plc (LON:BRBY) insider Carolyn McCall acquired 1,368 shares of the firm’s stock in a transaction that occurred on Thursday, November 10th. The shares were bought at an average price of GBX 1,449 ($18.10) per share, with a total value of £19,822.32 ($24,765.52).
Shares of Burberry Group plc (LON:BRBY) opened at 1401.00 on Tuesday. The company’s market cap is GBX 6.15 billion. The company has a 50-day moving average of GBX 1,448.53 and a 200 day moving average of GBX 1,277.84. Burberry Group plc has a 12-month low of GBX 1,039.00 and a 12-month high of GBX 1,567.00.
The firm also recently declared a dividend, which will be paid on Friday, January 27th. Shareholders of record on Thursday, December 22nd will be paid a GBX 10.50 ($0.13) dividend. The ex-dividend date of this dividend is Thursday, December 22nd. This represents a yield of 0.72%.
A number of analysts recently issued reports on the stock. Berenberg Bank assumed coverage on shares of Burberry Group plc in a report on Thursday, October 13th. They set a “buy” rating and a GBX 1,725 ($21.55) price objective for the company. Barclays PLC increased their target price on shares of Burberry Group plc from GBX 1,350 ($16.87) to GBX 1,450 ($18.12) and gave the stock an “equal weight” rating in a research report on Wednesday, October 19th. Credit Suisse Group AG increased their target price on shares of Burberry Group plc from GBX 1,150 ($14.37) to GBX 1,300 ($16.24) and gave the stock an “underperform” rating in a research report on Tuesday, October 25th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,450 ($18.12) target price on shares of Burberry Group plc in a research report on Thursday, November 10th. Finally, Bryan, Garnier & Co increased their target price on shares of Burberry Group plc from GBX 1,200 ($14.99) to GBX 1,250 ($15.62) and gave the stock a “neutral” rating in a research report on Wednesday, October 19th. Two equities research analysts have rated the stock with a sell rating, eighteen have given a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,409.29 ($17.61).
Burberry Group plc Company Profile
Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company’s segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts.
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