Burberry Group plc (LON:BRBY - Get Free Report) was up 8.9% during trading on Wednesday . The company traded as high as GBX 992 ($13.25) and last traded at GBX 900.63 ($12.03). Approximately 6,199,242 shares changed hands during mid-day trading, a decline of 33% from the average daily volume of 9,300,185 shares. The stock had previously closed at GBX 826.80 ($11.04).
Wall Street Analyst Weigh In
Separately, Royal Bank of Canada lowered their price target on Burberry Group from GBX 1,300 ($17.36) to GBX 1,200 ($16.03) and set an "outperform" rating on the stock in a report on Friday, March 28th.
Get Our Latest Report on Burberry Group
Burberry Group Price Performance
The stock has a market cap of £3.75 billion, a price-to-earnings ratio of 13.88, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06. The stock has a fifty day moving average of GBX 766.30 and a two-hundred day moving average of GBX 913.31. The company has a quick ratio of 1.63, a current ratio of 1.66 and a debt-to-equity ratio of 136.53.
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%. On average, equities research analysts anticipate that Burberry Group plc will post 32.6294821 earnings per share for the current year.
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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