Burberry Group plc (LON:BRBY) Stock Has Average Price Target of GBX 1,256.25 According to Brokerages

Key Points

• Burberry has a consensus “Hold” rating from eight analysts: four rate it a buy, two a hold, and two a sell. The average 12-month price target is GBX 1,256.25, above the current GBX 1,062.50 price.
• Recent analyst actions were mixed, including RBC’s downgrade to “sector perform” with a GBX 1,200 target, while Citigroup maintained a “buy” rating despite lowering its target to GBX 1,510.
• Insider Kate Ferry sold 18,479 shares for approximately £201,421; insiders currently own 0.65% of Burberry. The stock has traded between GBX 953.40 and GBX 1,376.50 over the past year.

Shares of Burberry Group plc (LON:BRBY - Get Free Report) have been assigned a consensus rating of "Hold" from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is GBX 1,256.25.

A number of equities analysts have issued reports on BRBY shares. Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,080 price target on shares of Burberry Group in a research note on Thursday, July 23rd. Royal Bank Of Canada downgraded Burberry Group to a "sector perform" rating and dropped their price objective for the stock from GBX 1,400 to GBX 1,200 in a research note on Tuesday, September 22nd. Finally, Citigroup cut their price objective on Burberry Group from GBX 1,560 to GBX 1,510 and set a "buy" rating for the company in a report on Wednesday, August 12th.

Insider Transactions at Burberry Group

In related news, insider Kate Ferry sold 18,479 shares of Burberry Group stock in a transaction dated Monday, July 27th. The stock was sold at an average price of GBX 1,090, for a total transaction of £201,421.10. 0.65% of the stock is currently owned by insiders.

Burberry Group Price Performance

Shares of LON:BRBY opened at GBX 1,062.50 on Friday. The stock has a market cap of £3.81 billion, a price-to-earnings ratio of 180.08, a PEG ratio of 1.66 and a beta of 0.70. The company has a debt-to-equity ratio of 162.02, a current ratio of 1.87 and a quick ratio of 1.63. Burberry Group has a 12 month low of GBX 953.40 and a 12 month high of GBX 1,376.50. The stock's 50 day moving average price is GBX 1,050.40 and its 200 day moving average price is GBX 1,101.13.

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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