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 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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