Burberry Group plc (LON:BRBY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Burberry Group plc (LON:BRBY) have earned an average rating of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and four have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is GBX 1,309.17.

A number of equities research analysts have weighed in on the company. UBS Group reaffirmed a “buy” rating and set a GBX 1,575 price objective on shares of Burberry Group in a report on Friday. HSBC reaffirmed a “buy” rating and set a GBX 1,600 price objective on shares of Burberry Group in a research note on Tuesday, September 2nd. Citigroup boosted their target price on Burberry Group from GBX 1,250 to GBX 1,600 and gave the stock a “buy” rating in a report on Monday, July 28th. Jefferies Financial Group lifted their price objective on Burberry Group from GBX 580 to GBX 680 and gave the company an “underperform” rating in a research report on Tuesday, September 23rd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a GBX 1,000 target price on shares of Burberry Group in a report on Monday, July 21st.

Burberry Group Stock Down 1.9%

Shares of LON BRBY traded down GBX 22.50 during mid-day trading on Friday, reaching GBX 1,147. 1,025,964 shares of the company traded hands, compared to its average volume of 5,262,135. Burberry Group has a fifty-two week low of GBX 597 and a fifty-two week high of GBX 1,375. The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. The company’s fifty day moving average is GBX 1,202.69 and its two-hundred day moving average is GBX 1,121.92. The stock has a market cap of £4.14 billion, a PE ratio of -54.88, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06.

Insider Activity at Burberry Group

In related news, insider Orna NiChionna purchased 1,208 shares of the business’s stock in a transaction dated Friday, September 5th. The shares were bought at an average price of GBX 1,234 per share, with a total value of £14,906.72. Insiders own 0.63% of the company’s stock.

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.