Burberry Group plc (LON:BRBY) Given Average Rating of “Reduce” by Analysts

Shares of Burberry Group plc (LON:BRBY) have been given an average rating of “Reduce” by the seven brokerages that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating and six have given a hold rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is GBX 1,827.71 ($22.58).

Separately, Royal Bank of Canada lowered their price target on Burberry Group from GBX 1,500 ($18.53) to GBX 1,200 ($14.82) and set a “sector perform” rating for the company in a report on Thursday, April 4th.

Burberry Group Stock Up 0.7 %

Burberry Group stock opened at GBX 1,152 ($14.23) on Monday. The stock’s fifty day moving average is GBX 1,220.45 and its two-hundred day moving average is GBX 1,390.92. The stock has a market cap of £4.13 billion, a PE ratio of 960.00, a P/E/G ratio of 4.39 and a beta of 1.12. Burberry Group has a 1-year low of GBX 1,103.50 ($13.63) and a 1-year high of GBX 2,632 ($32.51). The company has a debt-to-equity ratio of 138.77, a current ratio of 1.55 and a quick ratio of 1.63.

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.