Burberry Group PLC (LON:BRBY) Rating Reaffirmed
Burberry Group PLC (LON:BRBY) shares have had their “Neutral” Rating reiterated by research professionals at Citigroup in a recent research report released on Friday morning.
From a total of 21 analysts covering Burberry Group PLC (LON:BRBY) stock, 5 rate it a ”Buy”, 2 a “Sell”, and 14 a ”Hold”. This means that 24% of the ratings are positive. The highest target price is GBX 2323 while the lowest target price is GBX 1250. The mean of all analyst targets is GBX 1512.52 with a 22.77% above today’s (GBX 1232) stock price. Burberry Group PLC was the topic of 73 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Citigroup maintained shares on November 27 with “Neutral” rating. Bernstein maintained shares with “Market Perform” rating and GBX 1425 target share price in a report from a November 20. Nomura downgraded BRBY stock in a recent report from November 24 to “Neutral” rating. Morgan Stanley maintained the rating on November 17. Morgan Stanley has a “Equal-Weight” rating and a GBX 1400 price target on shares. Finally, Barclays Capital maintained the stock with “Equalweight” rating in a report issued on a November 23.
Approximately 29,911 shares of stock traded hands. Burberry Group plc (LON:BRBY) has declined 28.78% since April 30, 2015 and is downtrending. It has underperformed by 27.42% the S&P500.
Burberry Group PLC is a United Kingdom manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 5.51 billion GBP. The Firm designs, produces and sells products under the Burberry brand. It has 15.71 P/E ratio. The Company’s product categories include women’s and men’s apparel and accessories and beauty.