Burberry Group plc (LON:BRBY) Receives GBX 1,281.25 Consensus PT from Brokerages

Burberry Group plc (LON:BRBY) has been assigned an average recommendation of “Hold” from the eight research firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and five have given a buy rating to the company. The average 12 month price target among brokers that have covered the stock in the last year is GBX 1,281.25.

Several analysts recently issued reports on BRBY shares. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,080 price target on shares of Burberry Group in a report on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 1,480 price objective on shares of Burberry Group in a report on Monday, May 18th. JPMorgan Chase & Co. upped their target price on shares of Burberry Group from GBX 950 to GBX 980 and gave the company an “underweight” rating in a research note on Friday, May 15th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,400 target price on shares of Burberry Group in a research note on Monday, July 20th. Finally, Jefferies Financial Group reaffirmed an “underperform” rating and set a GBX 940 price target on shares of Burberry Group in a research report on Wednesday, June 24th.

Burberry Group Trading Up 1.4%

LON BRBY opened at GBX 1,112 on Thursday. The firm has a market cap of £3.98 billion, a PE ratio of 188.47, a P/E/G ratio of 1.66 and a beta of 0.70. Burberry Group has a one year low of GBX 976 and a one year high of GBX 1,376.50. The firm’s fifty day moving average is GBX 1,100.10 and its two-hundred day moving average is GBX 1,115.95. The company has a debt-to-equity ratio of 162.02, a quick ratio of 1.63 and a current ratio of 1.87.

Insider Transactions at Burberry Group

In other Burberry Group news, insider Kate Ferry sold 18,479 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was sold at an average price of GBX 1,090, for a total transaction of £201,421.10. 0.66% of the stock is owned by insiders.

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.