Burberry Group plc (LON:BRBY - Get Free Report) shares passed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 1,015.26 ($13.69) and traded as high as GBX 1,211.50 ($16.33). Burberry Group shares last traded at GBX 1,210.59 ($16.32), with a volume of 1,271,617 shares changing hands.
Wall Street Analyst Weigh In
A number of brokerages recently commented on BRBY. Citigroup upped their price target on shares of Burberry Group from GBX 1,250 to GBX 1,600 and gave the company a "buy" rating in a research note on Monday, July 28th. Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 1,000 price target on shares of Burberry Group in a research note on Monday, July 21st. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of GBX 1,266.67.
Get Our Latest Report on BRBY
Burberry Group Stock Performance
The stock's 50-day simple moving average is GBX 1,208.86 and its 200-day simple moving average is GBX 1,014.25. The stock has a market cap of £4.51 billion, a price-to-earnings ratio of 16.71, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The company has a current ratio of 1.66, a quick ratio of 1.63 and a debt-to-equity ratio of 136.53.
Insider Buying and Selling
In other Burberry Group news, insider Joshua Schulman bought 29,744 shares of the firm's stock in a transaction on Friday, June 27th. The shares were purchased at an average price of GBX 1,069 per share, for a total transaction of £317,963.36. Also, insider Kate Ferry bought 3,228 shares of the firm's stock in a transaction on Friday, June 27th. The shares were acquired at an average price of GBX 1,100 per share, for a total transaction of £35,508. Corporate insiders own 0.70% of the company's stock.
About Burberry Group
(
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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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