Burberry Group (LON:BRBY) Receives Hold Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft restated their hold rating on shares of Burberry Group (LON:BRBY) in a report released on Monday, Marketbeat.com reports. They currently have a GBX 1,000 ($13.48) price objective on the stock.

Separately, Royal Bank Of Canada decreased their price target on Burberry Group from GBX 1,300 ($17.52) to GBX 1,200 ($16.18) and set an “outperform” rating on the stock in a research report on Friday, March 28th.

Burberry Group Trading Down 1.3%

Burberry Group stock opened at GBX 1,299.83 ($17.52) on Monday. The business has a 50 day moving average price of GBX 1,089.84 and a two-hundred day moving average price of GBX 980.55. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53. The stock has a market cap of £4.65 billion, a price-to-earnings ratio of 17.22, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. Burberry Group has a 12 month low of GBX 555.61 ($7.49) and a 12 month high of GBX 1,360.72 ($18.34).

Burberry Group (LON:BRBY) last issued its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) earnings per share (EPS) for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. As a group, equities analysts forecast that Burberry Group will post 32.6294821 EPS for the current year.

Insider Activity

In other Burberry Group news, insider Kate Ferry purchased 3,228 shares of Burberry Group stock in a transaction that occurred on Friday, June 27th. The stock was acquired at an average price of GBX 1,100 ($14.83) per share, for a total transaction of £35,508 ($47,867.35). Also, insider Joshua Schulman purchased 29,744 shares of Burberry Group stock in a transaction that occurred on Friday, June 27th. The shares were acquired at an average price of GBX 1,069 ($14.41) per share, with a total value of £317,963.36 ($428,637.58). 0.70% of the stock is owned by company insiders.

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.