Burberry Group plc (LON:BRBY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Burberry Group plc (LON:BRBY) has been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,348.75.

BRBY has been the subject of several recent analyst reports. Citigroup raised their target price on shares of Burberry Group from GBX 1,570 to GBX 1,590 and gave the stock a “buy” rating in a research note on Monday, January 26th. UBS Group reissued a “buy” rating and set a GBX 1,570 price target on shares of Burberry Group in a report on Friday, January 16th. Royal Bank Of Canada restated an “outperform” rating and issued a GBX 1,400 price objective on shares of Burberry Group in a research report on Thursday, January 22nd. Barclays raised Burberry Group to an “overweight” rating and lifted their price objective for the company from GBX 1,340 to GBX 1,450 in a report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. lowered Burberry Group to an “underweight” rating and lifted their price objective for the company from GBX 850 to GBX 950 in a report on Friday, November 28th.

Burberry Group Stock Performance

LON:BRBY opened at GBX 1,060 on Thursday. The company has a debt-to-equity ratio of 173.32, a current ratio of 1.88 and a quick ratio of 1.63. The firm has a market cap of £3.80 billion, a price-to-earnings ratio of -147.22, a price-to-earnings-growth ratio of 1.66 and a beta of 0.70. The firm’s fifty day moving average price is GBX 1,195.97 and its 200 day moving average price is GBX 1,205.75. Burberry Group has a 1-year low of GBX 597 and a 1-year high of GBX 1,376.50.

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. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.