Burberry Group (LON:BRBY) Sets New 1-Year Low at $1,144.50

Shares of Burberry Group plc (LON:BRBY) reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 1,144.50 ($14.25) and last traded at GBX 1,154 ($14.37), with a volume of 107469 shares trading hands. The stock had previously closed at GBX 1,165.50 ($14.51).

Analyst Upgrades and Downgrades

Separately, Royal Bank of Canada cut their price objective on Burberry Group from GBX 1,500 ($18.67) to GBX 1,200 ($14.94) and set a “sector perform” rating on the stock in a report on Thursday, April 4th. One analyst has rated the stock with a sell rating and six have given a hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 1,827.71 ($22.75).

Burberry Group Trading Down 1.0 %

The company has a fifty day simple moving average of GBX 1,243.30 and a two-hundred day simple moving average of GBX 1,427.40. The company has a current ratio of 1.55, a quick ratio of 1.63 and a debt-to-equity ratio of 138.77. The company has a market cap of £4.07 billion, a PE ratio of 955.00, a P/E/G ratio of 4.39 and a beta of 1.12.

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 provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.