Burberry Group (LON:BRBY) Insider Acquires 32,026 Shares of Stock

Burberry Group plc (LON:BRBY) insider Kate Ferry purchased 32,026 shares of the company’s stock in a transaction dated Thursday, June 25th. The shares were acquired at an average cost of GBX 1,089 per share, with a total value of £348,763.14.

Burberry Group Trading Down 0.7%

Shares of Burberry Group stock traded down GBX 7.50 during trading on Thursday, hitting GBX 1,077.50. The company’s stock had a trading volume of 10,903,262 shares, compared to its average volume of 29,861,334. The stock has a market cap of £3.87 billion, a price-to-earnings ratio of 182.63, a price-to-earnings-growth ratio of 1.66 and a beta of 0.68. Burberry Group plc has a 52 week low of GBX 976 and a 52 week high of GBX 1,376.50. The stock has a 50-day moving average price of GBX 1,142.57 and a two-hundred day moving average price of GBX 1,165.25. The company has a debt-to-equity ratio of 162.02, a current ratio of 1.87 and a quick ratio of 1.63.

Burberry Group (LON:BRBY) last issued its quarterly earnings results on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. The company had revenue of GBX 242 billion during the quarter. Burberry Group had a return on equity of 2.29% and a net margin of 0.87%. Equities research analysts anticipate that Burberry Group plc will post 32.6294821 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

BRBY has been the subject of several recent analyst reports. JPMorgan Chase & Co. raised their price objective on shares of Burberry Group from GBX 950 to GBX 980 and gave the stock an “underweight” rating in a research report on Friday, May 15th. Citigroup reduced their price objective on Burberry Group from GBX 1,590 to GBX 1,560 and set a “buy” rating for the company in a research note on Monday, June 1st. Jefferies Financial Group restated an “underperform” rating and set a GBX 940 price objective on shares of Burberry Group in a report on Wednesday. UBS Group reiterated a “buy” rating and issued a GBX 1,410 target price on shares of Burberry Group in a report on Monday, May 11th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 1,400 target price on shares of Burberry Group in a report on Tuesday, May 19th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, Burberry Group has a consensus rating of “Hold” and a consensus target price of GBX 1,322.22.

Burberry Group Company Profile

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.