Burberry Group plc (LON:BRBY) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Moderate Buy consensus from eight analysts (six buys, two sells) with an average 12‑month price target of GBX 1,340.
• Several brokers have recently adjusted ratings and targets—Barclays upgraded to "overweight" and raised its target to GBX 1,450 and Citigroup lifted its target to GBX 1,590—while Deutsche Bank trimmed its target to GBX 1,480.
• Shares opened at GBX 1,091 (12‑month range GBX 597–1,376.50) and the company shows a negative P/E and high debt-to-equity; insider Stella King bought 608 shares at GBX 1,024, with insiders owning 0.63%.

Burberry Group plc (LON:BRBY - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating and six have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,340.

Several brokerages have recently weighed in on BRBY. Barclays upgraded Burberry Group to an "overweight" rating and raised their target price for the company from GBX 1,340 to GBX 1,450 in a research note on Tuesday, January 27th. Citigroup increased their price target on Burberry Group from GBX 1,570 to GBX 1,590 and gave the company a "buy" rating in a report on Monday, January 26th. UBS Group restated a "buy" rating and set a GBX 1,570 price objective on shares of Burberry Group in a report on Friday, January 16th. Royal Bank Of Canada reaffirmed an "outperform" rating and issued a GBX 1,400 target price on shares of Burberry Group in a research report on Thursday, January 22nd. Finally, Deutsche Bank Aktiengesellschaft reduced their target price on Burberry Group from GBX 1,550 to GBX 1,480 and set a "buy" rating for the company in a research note on Wednesday, April 1st.

Burberry Group Stock Performance

Burberry Group stock opened at GBX 1,091 on Monday. Burberry Group has a 12-month low of GBX 597 and a 12-month high of GBX 1,376.50. The company has a market capitalization of £3.91 billion, a price-to-earnings ratio of -151.53, a price-to-earnings-growth ratio of 1.66 and a beta of 0.70. The company has a debt-to-equity ratio of 173.32, a current ratio of 1.88 and a quick ratio of 1.63. The firm's fifty day moving average price is GBX 1,114.91 and its 200 day moving average price is GBX 1,186.97.

Insiders Place Their Bets

In related news, insider Stella King acquired 608 shares of the firm's stock in a transaction on Friday, March 20th. The stock was bought at an average cost of GBX 1,024 per share, with a total value of £6,225.92. 0.63% of the stock is currently owned by corporate insiders.

Burberry Group Company Profile

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. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.

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