Burberry Group plc (LON:BRBY) Given Consensus Rating of “Hold” by Brokerages

Shares of Burberry Group plc (LON:BRBY) have been assigned an average rating of “Hold” from the seven research firms that are presently covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating and five have given a buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is GBX 1,335.71.

A number of analysts recently issued reports on BRBY shares. UBS Group restated a “buy” rating and set a GBX 1,570 price objective on shares of Burberry Group in a report on Friday, January 16th. JPMorgan Chase & Co. lowered shares of Burberry Group to an “underweight” rating and raised their price target for the stock from GBX 850 to GBX 950 in a research note on Friday, November 28th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 1,400 price target on shares of Burberry Group in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Burberry Group from GBX 1,500 to GBX 1,550 and gave the company a “buy” rating in a report on Thursday, November 13th.

Burberry Group Stock Down 2.1%

BRBY stock opened at GBX 1,199.50 on Wednesday. The stock’s fifty day simple moving average is GBX 1,241.07 and its two-hundred day simple moving average is GBX 1,227.64. The company has a current ratio of 1.66, a quick ratio of 1.63 and a debt-to-equity ratio of 136.53. Burberry Group has a 1-year low of GBX 597 and a 1-year high of GBX 1,376.50. The stock has a market cap of £4.30 billion, a P/E ratio of -166.60, a P/E/G ratio of 1.66 and a beta of 1.06.

Burberry Group (LON:BRBY) last announced its earnings results on Thursday, November 13th. The company reported GBX 0.60 earnings per share (EPS) for the quarter. Burberry Group had a return on equity of 23.93% and a net margin of 9.10%. Analysts expect that Burberry Group will post 32.6294821 EPS for the current year.

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. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.