Jefferies Financial Group reiterated their underperform rating on shares of Burberry Group (LON:BRBY) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Other equities analysts have also recently issued research reports about the company. UBS Group reaffirmed a neutral rating and issued a GBX 2,175 ($28.61) price target (down previously from GBX 2,220 ($29.20)) on shares of Burberry Group in a report on Monday, November 18th. Deutsche Bank raised their price objective on Burberry Group from GBX 1,970 ($25.91) to GBX 2,010 ($26.44) and gave the stock a hold rating in a research report on Friday, November 15th. Goldman Sachs Group lifted their price objective on Burberry Group from GBX 2,177 ($28.64) to GBX 2,200 ($28.94) and gave the stock a neutral rating in a report on Wednesday, November 27th. Credit Suisse Group boosted their price objective on Burberry Group from GBX 2,650 ($34.86) to GBX 2,700 ($35.52) and gave the company an outperform rating in a research report on Friday, November 15th. Finally, Morgan Stanley restated an equal weight rating on shares of Burberry Group in a research note on Monday, November 11th. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the company’s stock. Burberry Group presently has a consensus rating of Hold and an average price target of GBX 2,050.38 ($26.97).
BRBY stock opened at GBX 2,089 ($27.48) on Tuesday. Burberry Group has a twelve month low of GBX 1,618.50 ($21.29) and a twelve month high of GBX 2,362 ($31.07). The company has a market cap of $8.63 billion and a PE ratio of 24.12. The business’s 50-day simple moving average is GBX 2,057.18 and its 200 day simple moving average is GBX 2,030.74. The company has a quick ratio of 1.06, a current ratio of 1.69 and a debt-to-equity ratio of 88.99.
About Burberry Group
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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