Burberry Group (LON:BRBY) Reaches New 1-Year Low at $1,144.50

Burberry Group plc (LON:BRBY)’s stock price hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 1,144.50 ($14.25) and last traded at GBX 1,154 ($14.37), with a volume of 107469 shares. The stock had previously closed at GBX 1,165.50 ($14.51).

Analyst Ratings Changes

Separately, Royal Bank of Canada dropped their price target on Burberry Group from GBX 1,500 ($18.67) to GBX 1,200 ($14.94) and set a “sector perform” rating on the stock in a report on Thursday, April 4th. One analyst has rated the stock with a sell rating and six have assigned a hold rating to the company. According to MarketBeat.com, Burberry Group has a consensus rating of “Hold” and an average price target of GBX 1,827.71 ($22.75).

Burberry Group Stock Performance

The company has a current ratio of 1.55, a quick ratio of 1.63 and a debt-to-equity ratio of 138.77. The stock has a market capitalization of £4.14 billion, a PE ratio of 971.25, a PEG ratio of 4.39 and a beta of 1.12. The firm’s 50-day simple moving average is GBX 1,249.70 and its two-hundred day simple moving average is GBX 1,434.83.

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.