Burberry Group plc (OTCMKTS:BURBY) Given Consensus Rating of “Hold” by Brokerages

Shares of Burberry Group plc (OTCMKTS:BURBY) have earned a consensus rating of “Hold” from the eight ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and seven have assigned a hold recommendation to the company. The average 12-month price target among brokers that have covered the stock in the last year is $22.76.

Several equities analysts have commented on the stock. Zacks Investment Research upgraded shares of Burberry Group from a “sell” rating to a “hold” rating in a research note on Tuesday, July 2nd. Bank of America downgraded shares of Burberry Group from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 3rd. Sanford C. Bernstein upgraded shares of Burberry Group from an “underperform” rating to a “market perform” rating in a research note on Tuesday, May 21st. Bryan, Garnier & Co raised shares of Burberry Group from a “sell” rating to a “neutral” rating in a research report on Monday, May 20th. Finally, Goldman Sachs Group raised shares of Burberry Group from a “sell” rating to a “neutral” rating and set a $22.76 price objective for the company in a research report on Thursday, June 27th.

Burberry Group stock traded down $0.38 during trading on Thursday, hitting $24.34. The company had a trading volume of 6,217 shares, compared to its average volume of 134,178. The company has a 50 day simple moving average of $23.03. The stock has a market cap of $10.01 billion, a PE ratio of 22.75, a price-to-earnings-growth ratio of 2.55 and a beta of 1.02. Burberry Group has a 1-year low of $20.65 and a 1-year high of $30.19.

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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Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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