Burberry Group plc (LON:BRBY) Stock Has Consensus Target Price of GBX 1,256.25

Burberry Group plc (LON:BRBY) has earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have issued a buy rating on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is GBX 1,256.25.

A number of brokerages have recently issued reports on BRBY. Berenberg Bank reissued a “hold” rating and set a GBX 1,080 target price on shares of Burberry Group in a research note on Thursday, July 23rd. Citigroup decreased their price objective on Burberry Group from GBX 1,560 to GBX 1,510 and set a “buy” rating for the company in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada lowered shares of Burberry Group to a “sector perform” rating and cut their price objective for the company from GBX 1,400 to GBX 1,200 in a report on Tuesday, September 22nd.

Burberry Group Trading Up 0.4%

Shares of BRBY opened at GBX 1,050 on Friday. Burberry Group has a twelve month low of GBX 953.40 and a twelve month high of GBX 1,376.50. The company has a current ratio of 1.87, a quick ratio of 1.63 and a debt-to-equity ratio of 162.02. The company’s fifty day simple moving average is GBX 1,049.44 and its 200-day simple moving average is GBX 1,114.03. The company has a market cap of £3.76 billion, a P/E ratio of 177.97, a P/E/G ratio of 1.66 and a beta of 0.70.

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.