Burberry Group plc (LON:BRBY) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of Burberry Group plc (LON:BRBY) have been assigned an average rating of “Moderate Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 1,348.75.

Several equities analysts have recently issued reports on BRBY shares. UBS Group reissued a “buy” rating and issued a GBX 1,570 price objective on shares of Burberry Group in a report on Friday, January 16th. JPMorgan Chase & Co. lowered shares of Burberry Group to an “underweight” rating and increased their target price for the stock from GBX 850 to GBX 950 in a research note on Friday, November 28th. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 1,400 price target on shares of Burberry Group in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft boosted their target price on Burberry Group from GBX 1,500 to GBX 1,550 and gave the stock a “buy” rating in a research note on Thursday, November 13th. Finally, Barclays upgraded Burberry Group to an “overweight” rating and lifted their price objective for the company from GBX 1,340 to GBX 1,450 in a research note on Tuesday, January 27th.

Burberry Group Trading Down 0.0%

LON:BRBY opened at GBX 1,195.50 on Friday. The company has a 50-day moving average price of GBX 1,236.90 and a 200-day moving average price of GBX 1,213.25. The company has a current ratio of 1.66, a quick ratio of 1.63 and a debt-to-equity ratio of 136.53. The stock has a market cap of £4.28 billion, a price-to-earnings ratio of -166.04, a P/E/G ratio of 1.66 and a beta of 1.06. Burberry Group has a 12 month low of GBX 597 and a 12 month high of GBX 1,376.50.

Burberry Group (LON:BRBY) last released 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%. Equities analysts predict that Burberry Group will post 32.6294821 EPS for the current year.

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. 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.