Burberry Group plc (BRBY) Given Consensus Rating of “Hold” by Brokerages

Burberry Group plc (LON:BRBY) has received an average rating of “Hold” from the twenty-one analysts that are currently covering the firm. Four equities research analysts have rated the stock with a sell rating, fourteen have given a hold rating and three have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 1,516.76 ($18.73).

BRBY has been the topic of a number of research reports. Haitong Bank reaffirmed a “neutral” rating and issued a GBX 1,415 ($17.48) price objective on shares of Burberry Group plc in a research note on Tuesday, January 17th. Bryan, Garnier & Co reaffirmed a “sell” rating and issued a GBX 1,350 ($16.67) price objective on shares of Burberry Group plc in a research note on Tuesday, January 10th. Liberum Capital lifted their price objective on Burberry Group plc from GBX 1,075 ($13.28) to GBX 1,200 ($14.82) and gave the stock a “sell” rating in a research note on Wednesday, January 18th. BNP Paribas reaffirmed a “neutral” rating and issued a GBX 1,590 ($19.64) price objective on shares of Burberry Group plc in a research note on Friday. Finally, Jefferies Group LLC lifted their price objective on Burberry Group plc from GBX 1,290 ($15.93) to GBX 1,480 ($18.28) and gave the stock a “hold” rating in a research note on Thursday, January 19th.

Shares of Burberry Group plc (LON:BRBY) opened at 1779.00 on Tuesday. Burberry Group plc has a 52 week low of GBX 1,039.00 and a 52 week high of GBX 1,838.00. The company has a 50-day moving average price of GBX 1,698.33 and a 200-day moving average price of GBX 1,513.59. The stock’s market cap is GBX 7.81 billion.

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Burberry Group plc 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.

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