Burberry Group plc (LON:BRBY) Insider Sam Fischer Buys 3,000 Shares

Burberry Group plc (LON:BRBY) insider Sam Fischer bought 3,000 shares of the stock in a transaction that occurred on Tuesday, July 28th. The stock was bought at an average price of GBX 1,265 ($15.57) per share, with a total value of £37,950 ($46,701.94).

LON:BRBY traded down GBX 18 ($0.22) during mid-day trading on Wednesday, hitting GBX 1,260 ($15.51). The stock had a trading volume of 1,129,395 shares, compared to its average volume of 2,130,000. Burberry Group plc has a twelve month low of GBX 15.76 ($0.19) and a twelve month high of GBX 2,353 ($28.96). The stock has a 50-day simple moving average of GBX 1,540.08 and a two-hundred day simple moving average of GBX 1,608.07. The company has a current ratio of 2.31, a quick ratio of 1.64 and a debt-to-equity ratio of 120.37. The company has a market capitalization of $5.10 billion and a PE ratio of 42.28.

BRBY has been the subject of several research reports. Sanford C. Bernstein decreased their price objective on shares of Burberry Group from GBX 1,510 ($18.58) to GBX 1,410 ($17.35) and set a “market perform” rating for the company in a research note on Monday, June 15th. UBS Group reiterated a “sell” rating on shares of Burberry Group in a report on Thursday, July 16th. Credit Suisse Group increased their price target on Burberry Group from GBX 1,700 ($20.92) to GBX 1,750 ($21.54) and gave the company an “outperform” rating in a report on Thursday, July 16th. Royal Bank of Canada reduced their price target on Burberry Group from GBX 1,460 ($17.97) to GBX 1,450 ($17.84) and set an “underperform” rating on the stock in a report on Thursday, July 16th. Finally, Citigroup reissued a “hold” rating on shares of Burberry Group in a research report on Thursday, July 16th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of GBX 1,609.40 ($19.81).

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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