Burberry Group (LON:BRBY – Get Rating)‘s stock had its “equal weight” rating reiterated by analysts at Barclays in a report released on Friday, MarketBeat.com reports. They presently have a GBX 2,360 ($29.56) target price on the stock. Barclays‘s price objective would indicate a potential upside of 3.06% from the stock’s current price.
Several other equities analysts also recently weighed in on BRBY. JPMorgan Chase & Co. increased their price target on shares of Burberry Group from GBX 2,000 ($25.05) to GBX 2,250 ($28.18) and gave the stock a “neutral” rating in a report on Tuesday, March 28th. Berenberg Bank increased their price target on shares of Burberry Group from GBX 1,730 ($21.67) to GBX 2,400 ($30.06) and gave the stock a “hold” rating in a report on Friday. Finally, Royal Bank of Canada increased their price target on shares of Burberry Group from GBX 2,040 ($25.55) to GBX 2,200 ($27.56) and gave the stock a “sector perform” rating in a report on Tuesday, January 24th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 2,282 ($28.59).
Burberry Group Stock Performance
BRBY opened at GBX 2,290 ($28.69) on Friday. Burberry Group has a 52-week low of GBX 1,529 ($19.15) and a 52-week high of GBX 2,656 ($33.27). The company has a quick ratio of 1.63, a current ratio of 2.26 and a debt-to-equity ratio of 98.82. The company has a market cap of £8.66 billion, a P/E ratio of 2,063.06, a price-to-earnings-growth ratio of 2.15 and a beta of 1.17. The firm’s 50-day moving average price is GBX 2,488.60 and its 200-day moving average price is GBX 2,323.02.
Insider Transactions at Burberry Group
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.
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