Barclays Capital Reaffirms Equalweight Rating on Burberry Group (BRBY)
Burberry Group (LON: BRBY)‘s stock had its “equalweight” rating restated by analysts at Barclays Capital in a research report issued to clients and investors on Monday. They currently have a $21.77 (1380 GBX) price target on the stock.
BRBY has been the subject of a number of other recent research reports. Analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of Burberry Group in a research note to investors on Wednesday, January 16th. They now have a $21.30 price target on the stock. Separately, analysts at Bryan Garnier & Cie reiterated a “neutral” rating on shares of Burberry Group in a research note to investors on Tuesday, January 15th. They now have a $22.50 price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Burberry Group in a research note to investors on Monday, January 14th. They now have a $21.77 price target on the stock.
Shares of Burberry Group opened at 1376.00 on Monday. Burberry Group has a one year low of GBX 997.9999 and a one year high of GBX 1604.9999. The stock’s 50-day moving average is currently GBX 1069.. The company’s market cap is £6.005 billion.
Burberry Group plc is a holding company. It designs, sources, and markets luxury men’s, women’s and children’s clothing and non-apparel accessories globally through a diversified network of retail (including digital), wholesale and franchise channels.
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