Burberry Group plc (LON:BRBY - Get Free Report) shares reached a new 52-week high on Thursday . The stock traded as high as GBX 1,364.50 ($18.54) and last traded at GBX 1,361.50 ($18.50), with a volume of 9971432 shares traded. The stock had previously closed at GBX 1,343.50 ($18.25).
Analyst Ratings Changes
BRBY has been the subject of several research reports. Royal Bank Of Canada lowered their price objective on shares of Burberry Group from GBX 1,300 ($17.66) to GBX 1,200 ($16.30) and set an "outperform" rating for the company in a research report on Friday, March 28th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and issued a GBX 1,000 ($13.59) target price on shares of Burberry Group in a research report on Monday.
Check Out Our Latest Stock Analysis on Burberry Group
Burberry Group Trading Down 0.6%
The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. The stock has a market capitalization of £4.77 billion, a P/E ratio of 17.68, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The firm's fifty day simple moving average is GBX 1,118.81 and its 200 day simple moving average is GBX 987.79.
Burberry Group (LON:BRBY - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) EPS for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. As a group, equities research analysts forecast that Burberry Group plc will post 32.6294821 EPS for the current fiscal year.
Insider Activity at Burberry Group
In other news, insider Joshua Schulman purchased 29,744 shares of the company's stock in a transaction dated Friday, June 27th. The shares were purchased at an average price of GBX 1,069 ($14.52) per share, for a total transaction of £317,963.36 ($432,015.43). Also, insider Kate Ferry purchased 3,228 shares of the company's stock in a transaction dated Friday, June 27th. The stock was purchased at an average price of GBX 1,100 ($14.95) per share, for a total transaction of £35,508 ($48,244.57). Insiders own 0.70% of the company's stock.
About Burberry Group
(
Get Free Report)
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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