Burberry Group plc (LON:BRBY – Get Free Report) announced a dividend on Thursday, November 16th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, December 14th will be paid a dividend of GBX 18.30 ($0.22) per share on Friday, January 26th. This represents a dividend yield of 1.05%. The ex-dividend date is Thursday, December 14th. The official announcement can be accessed at this link.
Burberry Group Trading Down 9.8 %
Burberry Group stock opened at GBX 1,573.50 ($19.32) on Thursday. Burberry Group has a 1 year low of GBX 1,550 ($19.03) and a 1 year high of GBX 2,656 ($32.62). The firm’s 50-day moving average is GBX 1,843.68 and its 200-day moving average is GBX 2,096.89. The company has a debt-to-equity ratio of 96.56, a quick ratio of 1.63 and a current ratio of 2.25. The company has a market cap of £5.64 billion, a P/E ratio of 1,243.65, a PEG ratio of 1.74 and a beta of 1.28.
Wall Street Analysts Forecast Growth
BRBY has been the subject of a number of research reports. Barclays assumed coverage on Burberry Group in a research note on Wednesday, September 27th. They issued an “equal weight” rating and a GBX 2,230 ($27.39) target price for the company. UBS Group restated a “sell” rating and set a GBX 1,614 ($19.82) price objective on shares of Burberry Group in a research report on Tuesday, October 3rd. One equities research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of GBX 2,040.67 ($25.06).
Burberry Group Company Profile
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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