Citigroup reaffirmed their neutral rating on shares of Burberry Group (LON:BRBY) in a research report released on Wednesday morning.

BRBY has been the subject of several other reports. BNP Paribas lifted their price objective on Burberry Group from GBX 1,800 ($23.22) to GBX 1,950 ($25.15) and gave the stock a neutral rating in a research report on Friday, August 10th. Berenberg Bank lifted their price objective on Burberry Group from GBX 2,220 ($28.64) to GBX 2,350 ($30.31) and gave the stock a buy rating in a research report on Friday, August 10th. UBS Group lifted their price objective on Burberry Group from GBX 1,790 ($23.09) to GBX 1,900 ($24.51) and gave the stock a neutral rating in a research report on Thursday, May 17th. Deutsche Bank lifted their price objective on Burberry Group from GBX 1,625 ($20.96) to GBX 1,725 ($22.25) and gave the stock a hold rating in a research report on Thursday, May 17th. Finally, Kepler Capital Markets downgraded Burberry Group to a reduce rating and lifted their price objective for the stock from GBX 1,640 ($21.16) to GBX 1,870 ($24.12) in a research report on Wednesday, July 11th. Five investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company. Burberry Group has a consensus rating of Hold and an average target price of GBX 1,977.24 ($25.51).

Shares of Burberry Group stock opened at GBX 2,092 ($26.99) on Wednesday. Burberry Group has a 1 year low of GBX 1,481.50 ($19.11) and a 1 year high of GBX 2,024 ($26.11).

In other Burberry Group news, insider Julie Brown purchased 8,543 shares of the business’s stock in a transaction on Friday, July 13th. The stock was bought at an average cost of GBX 2,102 ($27.12) per share, for a total transaction of £179,573.86 ($231,648.43). Also, insider Gerry M. Murphy acquired 5,000 shares of the company’s stock in a transaction dated Friday, June 22nd. The shares were purchased at an average price of GBX 2,157 ($27.83) per share, with a total value of £107,850 ($139,125.39).

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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Analyst Recommendations for Burberry Group (LON:BRBY)

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