Burberry Group’s (BRBY) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their outperform rating on shares of Burberry Group (LON:BRBY) in a research report report published on Thursday, MarketBeat.com reports. They currently have a GBX 1,400 target price on the stock.

Other equities research analysts have also recently issued reports about the stock. UBS Group reissued a “buy” rating and issued a GBX 1,570 price target on shares of Burberry Group in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft lifted their target price on Burberry Group from GBX 1,500 to GBX 1,550 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Finally, JPMorgan Chase & Co. cut Burberry Group to an “underweight” rating and upped their target price for the company from GBX 850 to GBX 950 in a research report on Friday, November 28th. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Burberry Group has an average rating of “Hold” and an average target price of GBX 1,335.71.

Burberry Group Stock Performance

Shares of BRBY opened at GBX 1,302.50 on Thursday. The company has a market capitalization of £4.67 billion, a price-to-earnings ratio of -180.90, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. Burberry Group has a 52-week low of GBX 597 and a 52-week high of GBX 1,376.50. 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 50 day moving average price of GBX 1,241.21 and a 200 day moving average price of GBX 1,227.73.

Burberry Group (LON:BRBY) last issued its quarterly earnings data on Thursday, November 13th. The company reported GBX 0.60 earnings per share for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. Research analysts predict that Burberry Group will post 32.6294821 EPS for the current fiscal year.

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. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.