Burberry Group (LON:BRBY) Stock Rating Reaffirmed by Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell

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.

About Burberry Group

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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Analyst Recommendations for Burberry Group (LON:BRBY)

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