Orna NiChionna Buys 1,208 Shares of Burberry Group (LON:BRBY) Stock

Key Points

• Insider Orna NiChionna purchased 1,208 shares of Burberry Group at an average cost of GBX 1,234 per share for a total value of £14,906.72.
• Burberry's stock currently has a consensus target price of GBX 1,350, with analysts giving it ratings ranging from "Buy" to "Hold."
• The company's market capitalization stands at £4.45 billion with a high of GBX 1,375 and a low of GBX 555.61 over the past year.

Burberry Group plc (LON:BRBY - Get Free Report) insider Orna NiChionna bought 1,208 shares of Burberry Group stock in a transaction dated Friday, September 5th. The stock was purchased at an average price of GBX 1,234 per share, with a total value of £14,906.72.

Burberry Group Stock Down 3.0%

Shares of BRBY traded down GBX 34.50 during trading hours on Friday, reaching GBX 1,105. 2,411,641 shares of the stock traded hands, compared to its average volume of 6,104,149. Burberry Group plc has a 52 week low of GBX 578 and a 52 week high of GBX 1,375. The stock has a fifty day simple moving average of GBX 1,238.74 and a 200 day simple moving average of GBX 1,024.31. 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 company has a market cap of £3.97 billion, a price-to-earnings ratio of -5,287.08, a PEG ratio of 1.66 and a beta of 1.06.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on BRBY shares. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and set a GBX 1,000 price target on shares of Burberry Group in a report on Monday, July 21st. HSBC reaffirmed a "buy" rating and set a GBX 1,600 target price on shares of Burberry Group in a research report on Tuesday, September 2nd. Finally, Citigroup lifted their target price on Burberry Group from GBX 1,250 to GBX 1,600 and gave the stock a "buy" rating in a research note on Monday, July 28th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of GBX 1,350.

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.