Deutsche Bank Reiterates Hold on Burberry Group (BRBY)
Burberry Group (LON: BRBY)‘s stock had its “hold” rating restated by analysts at Deutsche Bank in a research report issued to clients and investors on Monday. They currently have a $21.77 (1350 GBX) price target on the stock.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse reiterated an “outperform” rating on shares of Burberry Group in a research note to investors on Wednesday, January 9th. They now have a $22.96 price target on the stock. Separately, analysts at Barclays Capital reiterated an “equalweight” rating on shares of Burberry Group in a research note to investors on Tuesday, January 8th. They now have a $20.95 price target on the stock. Finally, analysts at Barclays Capital reiterated an “equalweight” rating on shares of Burberry Group in a research note to investors on Monday, December 31st. They now have a $19.40 price target on the stock.
Shares of Burberry Group opened at 1313.00 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 £5.730 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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