Shares of Burberry Group plc (LON:BRBY) have earned a consensus rating of “Hold” from the twenty-one analysts that are covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a sell recommendation, eleven have issued a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among brokerages that have covered the stock in the last year is GBX 1,731.63 ($23.48).

A number of equities analysts recently weighed in on BRBY shares. Beaufort Securities upped their target price on shares of Burberry Group from GBX 1,920 ($26.04) to GBX 1,980 ($26.85) and gave the stock a “buy” rating in a research report on Friday, November 10th. Berenberg Bank restated a “buy” rating and set a GBX 1,900 ($25.77) target price on shares of Burberry Group in a research report on Thursday, October 12th. Morgan Stanley upped their target price on shares of Burberry Group from GBX 1,495 ($20.27) to GBX 1,748 ($23.70) and gave the stock an “equal weight” rating in a research report on Tuesday, September 19th. Deutsche Bank dropped their target price on shares of Burberry Group from GBX 1,800 ($24.41) to GBX 1,750 ($23.73) and set a “hold” rating for the company in a research report on Friday, November 10th. Finally, Kepler Capital Markets restated a “hold” rating and set a GBX 1,820 ($24.68) target price on shares of Burberry Group in a research report on Wednesday, November 1st.

Shares of Burberry Group (LON BRBY) traded up GBX 11.50 ($0.16) during trading hours on Friday, hitting GBX 1,791 ($24.29). 1,896,057 shares of the company were exchanged, compared to its average volume of 1,290,000. Burberry Group has a 12-month low of GBX 1,543 ($20.92) and a 12-month high of GBX 2,024 ($27.45). The company has a market capitalization of $7,620.00 and a price-to-earnings ratio of 2,558.57.

The company also recently announced a dividend, which will be paid on Friday, February 2nd. Stockholders of record on Thursday, December 21st will be paid a GBX 11 ($0.15) dividend. This represents a dividend yield of 0.63%. The ex-dividend date of this dividend is Thursday, December 21st.

TRADEMARK VIOLATION WARNING: “Burberry Group plc (BRBY) Receives Average Rating of “Hold” from Analysts” was originally posted by Watch List News and is owned by of Watch List News. If you are viewing this story on another publication, it was stolen and republished in violation of U.S. & international trademark and copyright law. The correct version of this story can be viewed at https://www.watchlistnews.com/burberry-group-plc-brby-receives-average-rating-of-hold-from-analysts/1804689.html.

Burberry Group Company Profile

Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company’s segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts.

Analyst Recommendations for Burberry Group (LON:BRBY)

Receive News & Ratings for Burberry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burberry Group and related companies with MarketBeat.com's FREE daily email newsletter.