Burberry Group (LON:BRBY)‘s stock had its “neutral” rating restated by equities researchers at Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell in a research report issued on Friday, Analyst Ratings Network reports.
Other research analysts have also recently issued research reports about the stock. Bank of America reaffirmed a “buy” rating and issued a GBX 2,000 ($26.13) price objective on shares of Burberry Group in a report on Thursday, March 4th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Burberry Group from GBX 1,600 ($20.90) to GBX 1,800 ($23.52) and gave the company a “hold” rating in a report on Monday, January 18th. JPMorgan Chase & Co. reaffirmed a “neutral” rating and issued a GBX 1,900 ($24.82) price objective on shares of Burberry Group in a report on Thursday, April 8th. Finally, The Goldman Sachs Group assumed coverage on shares of Burberry Group in a research note on Thursday, February 4th. They set a “buy” rating and a GBX 1,690 ($22.08) target price for the company. Two analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the stock. Burberry Group presently has a consensus rating of “Hold” and a consensus price target of GBX 1,648.64 ($21.54).
BRBY opened at GBX 2,105 ($27.50) on Friday. Burberry Group has a fifty-two week low of GBX 1,231.50 ($16.09) and a fifty-two week high of GBX 2,211 ($28.89). The company has a debt-to-equity ratio of 137.00, a quick ratio of 1.45 and a current ratio of 1.95. The company has a fifty day moving average of GBX 2,039.19 and a two-hundred day moving average of GBX 1,834.72. The stock has a market capitalization of £8.52 billion and a price-to-earnings ratio of 412.75.
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks.
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