Burberry Group plc (LON:BRBY) Given Average Rating of “Reduce” by Analysts

Shares of Burberry Group plc (LON:BRBY) have received an average rating of “Reduce” from the six analysts that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among analysts that have covered the stock in the last year is GBX 1,440.67 ($18.39).

Several equities analysts have recently issued reports on BRBY shares. Jefferies Financial Group reiterated a “hold” rating and set a GBX 800 ($10.21) target price on shares of Burberry Group in a report on Tuesday, July 16th. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,050 ($13.41) price objective on shares of Burberry Group in a research note on Tuesday, June 25th.

Insider Buying and Selling

In other Burberry Group news, insider Antoine Bernard de Saint-Affrique acquired 2,000 shares of the stock in a transaction that occurred on Tuesday, July 16th. The shares were acquired at an average cost of GBX 730 ($9.32) per share, with a total value of £14,600 ($18,641.47). In other Burberry Group news, insider Antoine Bernard de Saint-Affrique bought 2,000 shares of the firm’s stock in a transaction on Tuesday, July 16th. The stock was acquired at an average price of GBX 730 ($9.32) per share, with a total value of £14,600 ($18,641.47). Also, insider Alessandra Cozzani bought 1,100 shares of the stock in a transaction on Thursday, July 18th. The shares were bought at an average price of GBX 747 ($9.54) per share, for a total transaction of £8,217 ($10,491.57). 0.19% of the stock is owned by company insiders.

Burberry Group Stock Up 0.8 %

Shares of Burberry Group stock opened at GBX 671.73 ($8.58) on Wednesday. Burberry Group has a 1 year low of GBX 658 ($8.40) and a 1 year high of GBX 2,249 ($28.72). The company has a debt-to-equity ratio of 135.70, a current ratio of 1.66 and a quick ratio of 1.63. The company has a 50-day moving average of GBX 847.06 and a 200 day moving average of GBX 1,075.91. The firm has a market cap of £2.41 billion, a price-to-earnings ratio of 900.54, a PEG ratio of 1.85 and a beta of 1.13.

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.