Burberry Group (OTCMKTS:BURBY) Price Target Increased to GBX 2,380 by Analysts at Societe Generale

Burberry Group (OTCMKTS:BURBYGet Rating) had its price target raised by Societe Generale from GBX 2,190 ($25.90) to GBX 2,380 ($28.14) in a report released on Monday, The Fly reports.

Several other research analysts have also commented on the stock. Berenberg Bank decreased their price target on shares of Burberry Group from GBX 2,050 ($24.24) to GBX 1,730 ($20.46) in a report on Tuesday, September 6th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Burberry Group from GBX 1,950 ($23.06) to GBX 2,200 ($26.01) in a report on Friday. Barclays decreased their price target on shares of Burberry Group from GBX 2,080 ($24.60) to GBX 2,050 ($24.24) in a report on Thursday, September 22nd. Royal Bank of Canada lifted their price target on shares of Burberry Group from GBX 1,800 ($21.28) to GBX 2,070 ($24.48) in a report on Friday. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Burberry Group from GBX 1,900 ($22.47) to GBX 2,000 ($23.65) in a research report on Friday, September 30th.

Burberry Group Stock Down 1.2 %

Shares of BURBY stock opened at $24.59 on Monday. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.53 and a quick ratio of 2.00. Burberry Group has a 1-year low of $17.52 and a 1-year high of $28.08. The firm has a fifty day moving average of $21.09 and a two-hundred day moving average of $20.61.

Burberry Group Company Profile

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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.

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