Brokerages Set Burberry Group plc (LON:BRBY) Target Price at GBX 1,827.71

Shares of Burberry Group plc (LON:BRBY - Get Free Report) have been assigned a consensus rating of "Reduce" from the seven research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating and six have issued a hold rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,827.71 ($22.96).

Separately, Royal Bank of Canada lowered their price objective on shares of Burberry Group from GBX 1,500 ($18.84) to GBX 1,200 ($15.07) and set a "sector perform" rating on the stock in a research note on Thursday, April 4th.

Burberry Group Stock Performance

Shares of LON:BRBY traded up GBX 3.50 ($0.04) during trading on Monday, hitting GBX 1,155.50 ($14.51). The company's stock had a trading volume of 624,619 shares, compared to its average volume of 1,478,541. The company has a 50-day moving average of GBX 1,220.45 and a 200-day moving average of GBX 1,390.92. Burberry Group has a 12 month low of GBX 1,103.50 ($13.86) and a 12 month high of GBX 2,623 ($32.95). The company has a debt-to-equity ratio of 138.77, a current ratio of 1.55 and a quick ratio of 1.63. The firm has a market cap of £4.14 billion, a price-to-earnings ratio of 962.92, a P/E/G ratio of 4.39 and a beta of 1.12.

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.