FY2018 Earnings Forecast for Burberry Group PLC (BURBY) Issued By Jefferies Group
Burberry Group PLC (OTC:BURBY) – Stock analysts at Jefferies Group decreased their FY2018 earnings estimates for shares of Burberry Group PLC in a research report issued to clients and investors on Tuesday. Jefferies Group analyst C. Yap now anticipates that the firm will earn $0.91 per share for the year, down from their previous estimate of $0.98.
Separately, Berenberg Bank started coverage on Burberry Group PLC in a research note on Thursday, October 13th. They set a “buy” rating for the company.
Burberry Group PLC (OTC:BURBY) traded up 4.23% during trading on Wednesday, hitting $18.25. The stock had a trading volume of 5,478 shares. The stock has a 50 day moving average price of $17.86 and a 200-day moving average price of $17.10. The stock has a market cap of $8.07 billion, a price-to-earnings ratio of 20.69 and a beta of 1.12. Burberry Group PLC has a 12 month low of $13.88 and a 12 month high of $22.50.
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