Burberry Group plc (BRBY) Given Consensus Rating of “Hold” by Analysts
Burberry Group plc (LON:BRBY) has received an average recommendation of “Hold” from the sixteen analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and one has given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 1,961.88 ($25.64).
BRBY has been the subject of several research reports. Sanford C. Bernstein raised Burberry Group to a “market perform” rating in a report on Tuesday, May 21st. Bryan, Garnier & Co raised Burberry Group to a “neutral” rating in a report on Monday, May 20th. Credit Suisse Group reissued a “neutral” rating on shares of Burberry Group in a report on Monday, May 20th. UBS Group reissued a “neutral” rating on shares of Burberry Group in a report on Friday, May 17th. Finally, Goldman Sachs Group downgraded Burberry Group to a “sell” rating in a report on Monday, May 13th.
Shares of LON:BRBY traded up GBX 5 ($0.07) on Monday, hitting GBX 1,700 ($22.21). 1,231,087 shares of the company’s stock were exchanged, compared to its average volume of 2,130,000. The stock has a market cap of $6.97 billion and a P/E ratio of 20.81. Burberry Group has a 1-year low of GBX 1,618.50 ($21.15) and a 1-year high of GBX 2,338 ($30.55). The company has a debt-to-equity ratio of 2.55, a quick ratio of 1.70 and a current ratio of 2.51.
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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