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

Burberry Group (LON:BRBY - Get Free Report)'s stock had its "hold" rating restated by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Monday, MarketBeat reports. They currently have a GBX 1,000 ($13.41) price target on the stock. Deutsche Bank Aktiengesellschaft's price target points to a potential downside of 21.91% from the stock's previous close.

Separately, Royal Bank Of Canada dropped their target price on Burberry Group from GBX 1,300 ($17.44) to GBX 1,200 ($16.10) and set an "outperform" rating on the stock in a report on Friday, March 28th.

Burberry Group Stock Down 2.8%

Shares of Burberry Group stock opened at GBX 1,280.50 ($17.18) on Monday. The business has a 50-day moving average of GBX 1,089.84 and a 200-day moving average of GBX 980.55. The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The company has a market capitalization of £4.58 billion, a PE ratio of 16.96, a P/E/G ratio of 1.66 and a beta of 1.06. Burberry Group has a 1-year low of GBX 555.61 ($7.45) and a 1-year high of GBX 1,360.72 ($18.25).

Burberry Group (LON:BRBY - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) 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 fiscal year.

Insider Buying and Selling at Burberry Group

In related news, insider Joshua Schulman purchased 29,744 shares of the firm's stock in a transaction dated Friday, June 27th. The shares were acquired at an average cost of GBX 1,069 ($14.34) per share, with a total value of £317,963.36 ($426,510.21). Also, insider Kate Ferry purchased 3,228 shares of the firm's stock in a transaction dated Friday, June 27th. The shares were bought at an average cost of GBX 1,100 ($14.76) per share, for a total transaction of £35,508 ($47,629.78). Insiders own 0.70% of the company's stock.

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.

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