Burberry Group plc (LON:BRBY - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 944.89 ($12.71) and traded as high as GBX 1,126 ($15.14). Burberry Group shares last traded at GBX 1,075 ($14.46), with a volume of 1,434,485 shares traded.
Analysts Set New Price Targets
Separately, Royal Bank Of Canada decreased their price objective on Burberry Group from GBX 1,300 ($17.48) to GBX 1,200 ($16.14) and set an "outperform" rating for the company in a report on Friday, March 28th.
Get Our Latest Stock Analysis on Burberry Group
Burberry Group Stock Performance
The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53. The stock has a 50 day simple moving average of GBX 894.80 and a two-hundred day simple moving average of GBX 947.44. The stock has a market capitalization of £3.59 billion, a P/E ratio of 13.31, a P/E/G ratio of 1.66 and a beta of 1.06.
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)) earnings per share for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. On average, equities analysts forecast that Burberry Group plc will post 32.6294821 EPS for the current fiscal year.
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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