Burberry Group (LON:BRBY) Rating Reiterated by Citigroup

Citigroup reissued their neutral rating on shares of Burberry Group (LON:BRBY) in a report published on Tuesday, ThisIsMoney.Co.Uk reports.

Several other equities research analysts also recently weighed in on BRBY. UBS Group raised their price target on shares of Burberry Group from GBX 2,202 ($28.97) to GBX 2,258 ($29.70) and gave the company a neutral rating in a research report on Tuesday, January 21st. Credit Suisse Group reduced their price target on shares of Burberry Group from GBX 2,650 ($34.86) to GBX 2,600 ($34.20) and set an outperform rating for the company in a research report on Monday, February 10th. Royal Bank of Canada reduced their price target on shares of Burberry Group from GBX 1,930 ($25.39) to GBX 1,900 ($24.99) and set an underperform rating for the company in a research report on Thursday, January 23rd. BNP Paribas reissued a neutral rating on shares of Burberry Group in a research report on Monday, January 27th. Finally, Goldman Sachs Group raised their price target on shares of Burberry Group from GBX 2,177 ($28.64) to GBX 2,200 ($28.94) and gave the company a neutral rating in a research report on Wednesday, November 27th. Three equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 2,050.21 ($26.97).

Shares of BRBY opened at GBX 1,998.50 ($26.29) on Tuesday. The company has a market capitalization of $8.09 billion and a P/E ratio of 23.08. The company has a quick ratio of 1.06, a current ratio of 1.69 and a debt-to-equity ratio of 88.99. The firm has a 50 day moving average of GBX 2,137.15 and a 200 day moving average of GBX 2,118.79. Burberry Group has a twelve month low of GBX 1,678 ($22.07) and a twelve month high of GBX 2,362 ($31.07).

In related news, insider Debra L. Lee bought 450 shares of the business’s stock in a transaction on Friday, December 20th. The stock was acquired at an average price of GBX 2,194 ($28.86) per share, with a total value of £9,873 ($12,987.37).

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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Analyst Recommendations for Burberry Group (LON:BRBY)

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