Shares of Burberry Group plc (LON:BRBY - Get Free Report) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 925.65 ($12.54) and traded as high as GBX 1,039.67 ($14.09). Burberry Group shares last traded at GBX 1,034.42 ($14.02), with a volume of 1,983,278 shares changing hands.
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada cut their price target on Burberry Group from GBX 1,300 ($17.62) to GBX 1,200 ($16.26) and set an "outperform" rating for the company in a research note on Friday, March 28th.
Get Our Latest Stock Report on Burberry Group
Burberry Group Stock Up 2.6%
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 firm has a market capitalization of £3.86 billion, a P/E ratio of 14.32, a P/E/G ratio of 1.66 and a beta of 1.06. The company's 50-day simple moving average is GBX 800.88 and its two-hundred day simple moving average is GBX 932.18.
Burberry Group (LON:BRBY - Get Free Report) last posted its quarterly earnings data 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, research analysts expect that Burberry Group plc will post 32.6294821 earnings per share for the current 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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