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

Key Points

• Burberry has a consensus “Hold” rating from eight analysts: four recommend buying, two recommend holding, and two recommend selling. The average 12-month price target is GBX 1,256.25.
• Recent analyst actions were mixed, including RBC downgrading the stock to “sector perform” with a GBX 1,200 target, while Citigroup maintained a “buy” rating with a GBX 1,510 target.
• Burberry shares opened at GBX 1,030.52, below both the 50-day and 200-day moving averages, and have 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 received a consensus rating of "Hold" from the eight analysts that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,256.25.

A number of equities research analysts recently issued reports on BRBY shares. Royal Bank Of Canada downgraded Burberry Group to a "sector perform" rating and reduced their price target for the stock from GBX 1,400 to GBX 1,200 in a research report on Tuesday, September 22nd. Citigroup reduced their price target on shares of Burberry Group from GBX 1,560 to GBX 1,510 and set a "buy" rating on the stock in a research report on Wednesday, August 12th. Jefferies Financial Group restated an "underperform" rating and set a GBX 940 price objective on shares of Burberry Group in a research report on Wednesday, June 24th. Finally, Berenberg Bank restated a "hold" rating and set a GBX 1,080 target price on shares of Burberry Group in a research note on Thursday, July 23rd.

Burberry Group Stock Performance

LON BRBY opened at GBX 1,030.52 on Monday. The firm has a 50-day moving average price of GBX 1,084.22 and a two-hundred day moving average price of GBX 1,102.21. Burberry Group has a 12-month low of GBX 953.40 and a 12-month high of GBX 1,376.50. The company has a market capitalization of £3.69 billion, a P/E ratio of 174.66, a P/E/G ratio of 1.66 and a beta of 0.70. The company has a quick ratio of 1.63, a current ratio of 1.87 and a debt-to-equity ratio of 162.02.

Insider Activity at Burberry Group

In related news, insider Kate Ferry sold 18,479 shares of the company's stock in a transaction on Monday, July 27th. The stock was sold at an average price of GBX 1,090, for a total transaction of £201,421.10. Company insiders own 0.66% of the company's stock.

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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