Burberry Group plc (LON:BRBY) Given Average Rating of “Hold” by Analysts

Shares of Burberry Group plc (LON:BRBY) have received an average rating of “Hold” from the nine analysts that are presently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is GBX 1,322.22.

A number of brokerages recently issued reports on BRBY. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,400 price target on shares of Burberry Group in a research note on Tuesday, May 19th. Jefferies Financial Group reiterated an “underperform” rating and issued a GBX 940 price target on shares of Burberry Group in a research note on Wednesday. UBS Group reiterated a “buy” rating and issued a GBX 1,410 price target on shares of Burberry Group in a research note on Monday, May 11th. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,080 price target on shares of Burberry Group in a research note on Tuesday, June 16th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 1,480 price target on shares of Burberry Group in a research note on Monday, May 18th.

Burberry Group Stock Performance

Shares of Burberry Group stock opened at GBX 1,082.50 on Friday. The stock has a market cap of £3.89 billion, a price-to-earnings ratio of 183.47, a PEG ratio of 1.66 and a beta of 0.68. The firm’s 50-day moving average is GBX 1,142.57 and its 200 day moving average is GBX 1,165.25. Burberry Group has a 1 year low of GBX 976 and a 1 year high of GBX 1,376.50. The company has a debt-to-equity ratio of 162.02, a current ratio of 1.87 and a quick ratio of 1.63.

Burberry Group (LON:BRBY) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 earnings per share (EPS) for the quarter. The company had revenue of GBX 242 billion for the quarter. Burberry Group had a net margin of 0.87% and a return on equity of 2.29%. Sell-side analysts anticipate that Burberry Group will post 32.6294821 EPS for the current fiscal year.

About Burberry Group

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.