Burberry Group plc (LON:BRBY) insider Matthew Key bought 1,150 shares of the stock in a transaction dated Thursday, December 6th. The shares were bought at an average cost of GBX 1,714 ($22.40) per share, with a total value of £19,711 ($25,755.91).

Shares of BRBY stock opened at GBX 1,754 ($22.92) on Friday. Burberry Group plc has a 1 year low of GBX 1,481.50 ($19.36) and a 1 year high of GBX 2,024 ($26.45).

The company also recently disclosed a dividend, which will be paid on Friday, February 1st. Stockholders of record on Thursday, December 20th will be paid a dividend of GBX 11 ($0.14) per share. The ex-dividend date is Thursday, December 20th. This represents a dividend yield of 0.61%.

Several brokerages have recently issued reports on BRBY. Berenberg Bank boosted their price objective on Burberry Group from GBX 2,220 ($29.01) to GBX 2,350 ($30.71) and gave the stock a “buy” rating in a research report on Friday, August 10th. Kepler Capital Markets upgraded Burberry Group to a “hold” rating and cut their price objective for the company from GBX 1,870 ($24.43) to GBX 1,780 ($23.26) in a research report on Friday, November 23rd. HSBC reissued a “hold” rating on shares of Burberry Group in a research note on Tuesday. Royal Bank of Canada boosted their target price on shares of Burberry Group from GBX 1,750 ($22.87) to GBX 1,875 ($24.50) and gave the company an “underperform” rating in a research note on Friday, September 7th. Finally, JPMorgan Chase & Co. upped their price target on shares of Burberry Group from GBX 1,710 ($22.34) to GBX 1,850 ($24.17) and gave the stock a “neutral” rating in a research note on Thursday, October 25th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus price target of GBX 2,003.94 ($26.18).

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About Burberry Group

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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