Burberry Group plc (LON:BRBY - Get Free Report)'s stock price rose 8.9% on Thursday . The company traded as high as GBX 992 ($13.18) and last traded at GBX 900.63 ($11.96). Approximately 6,199,242 shares were traded during trading, a decline of 33% from the average daily volume of 9,300,185 shares. The stock had previously closed at GBX 826.80 ($10.98).
Analyst Ratings Changes
Separately, Royal Bank of Canada dropped their target price on shares of Burberry Group from GBX 1,300 ($17.27) to GBX 1,200 ($15.94) and set an "outperform" rating on the stock in a report on Friday, March 28th.
Read Our Latest Analysis on BRBY
Burberry Group Stock Performance
The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. The stock's fifty day moving average is GBX 766.56 and its two-hundred day moving average is GBX 912.62. The firm has a market cap of £3.59 billion, a price-to-earnings ratio of 13.30, a PEG ratio of 1.66 and a beta of 1.06.
Burberry Group (LON:BRBY - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported GBX (14.80) (($0.20)) earnings per share (EPS) for the quarter. Burberry Group had a net margin of 9.10% and a return on equity of 23.93%. On average, analysts expect that Burberry Group plc will post 32.6294821 earnings per share for the current fiscal 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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