Burberry Group plc (LON:BRBY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Burberry Group plc (LON:BRBY) have earned a consensus rating of “Hold” from the seven analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation and five have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,335.71.

A number of equities research analysts have weighed in on BRBY shares. JPMorgan Chase & Co. downgraded shares of Burberry Group to an “underweight” rating and lifted their price target for the stock from GBX 850 to GBX 950 in a research note on Friday, November 28th. UBS Group reiterated a “buy” rating and set a GBX 1,570 target price on shares of Burberry Group in a research report on Friday, January 16th. Deutsche Bank Aktiengesellschaft upped their target price on shares of Burberry Group from GBX 1,500 to GBX 1,550 and gave the company a “buy” rating in a research note on Thursday, November 13th. 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 report on Tuesday, September 23rd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,400 price objective on shares of Burberry Group in a research note on Thursday, September 25th.

Burberry Group Trading Up 5.6%

Shares of BRBY opened at GBX 1,287 on Wednesday. Burberry Group has a 12-month low of GBX 597 and a 12-month 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 firm has a market capitalization of £4.61 billion, a price-to-earnings ratio of -178.75, a P/E/G ratio of 1.66 and a beta of 1.06. The stock’s 50-day moving average price is GBX 1,240.36 and its 200 day moving average price is GBX 1,226.81.

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