Weekly Research Analysts’ Ratings Changes for Burberry Group (BRBY)

Several analysts have recently updated their ratings and price targets for Burberry Group (LON: BRBY):

  • 10/22/2019 – Burberry Group had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 10/18/2019 – Burberry Group had its price target lowered by analysts at Royal Bank of Canada from GBX 1,975 ($25.81) to GBX 1,925 ($25.15). They now have an “underperform” rating on the stock.
  • 10/17/2019 – Burberry Group had its “outperform” rating reaffirmed by analysts at Credit Suisse Group AG.
  • 10/8/2019 – Burberry Group had its “underperform” rating reaffirmed by analysts at Bank of America Corp. They now have a GBX 1,850 ($24.17) price target on the stock.
  • 10/8/2019 – Burberry Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 2,200 ($28.75) price target on the stock, down previously from GBX 2,240 ($29.27).
  • 9/20/2019 – Burberry Group was upgraded by analysts at Credit Suisse Group AG to an “outperform” rating. They now have a GBX 2,650 ($34.63) price target on the stock, up previously from GBX 2,350 ($30.71).
  • 9/18/2019 – Burberry Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 2,240 ($29.27) price target on the stock, up previously from GBX 1,900 ($24.83).
  • 9/17/2019 – Burberry Group had its price target raised by analysts at BNP Paribas from GBX 1,700 ($22.21) to GBX 2,050 ($26.79). They now have a “neutral” rating on the stock.
  • 9/9/2019 – Burberry Group had its “hold” rating reaffirmed by analysts at HSBC Holdings plc.

Shares of BRBY opened at GBX 2,005 ($26.20) on Friday. The company has a market capitalization of $8.08 billion and a P/E ratio of 24.54. The company has a debt-to-equity ratio of 2.55, a current ratio of 2.51 and a quick ratio of 1.70. Burberry Group plc has a one year low of GBX 1,618.50 ($21.15) and a one year high of GBX 2,362 ($30.86). The business’s 50 day simple moving average is GBX 2,079.62 and its 200-day simple moving average is GBX 2,006.27.

In other news, insider Julie Brown acquired 1,524 shares of Burberry Group stock in a transaction on Monday, August 5th. The shares were purchased at an average price of GBX 2,172 ($28.38) per share, with a total value of £33,101.28 ($43,252.69).

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.

Read More: Why is cost of goods sold important?

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