Burberry Group PLC (LON:BRBY) Sell Rating Reaffirmed Today By Liberum Capital; The Price Objective Provided Is GBX 1050.00

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Burberry Group PLC (LON:BRBY) Rating Reaffirmed

Liberum Capital now has a GBX 1050.00 PT on the 5.30 billion GBP market cap company or -10.49% downside potential. In analysts report sent to investors and clients on 10 December, Burberry Group PLC (LON:BRBY) shares have had their Sell Rating has decided to reaffirm by expert analysts at Liberum Capital.

From a total of 25 analysts covering Burberry Group PLC (LON:BRBY) stock, 8 rate it a ”Buy”, 3 a “Sell”, and 16 a ”Hold”. This means that 30% of the ratings are positive. The highest target price is GBX 1914 while the lowest target price is GBX 1250. The mean of all analyst targets is GBX 1503.76 with a 26.83% above today’s (GBX 1176) stock price. Burberry Group PLC was the topic of 77 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 10 with “Sell” rating. Credit Suisse maintained shares with “Underperform” rating and GBX 1250 target share price in a report from a November 24. Societe Generale maintained BRBY stock in a recent report from December 4 with “Hold” rating. Nomura downgraded the rating on November 24. Nomura has a “Neutral” rating and a GBX 1500 price target on shares. Finally, BNP Paribas maintained the stock with “Neutral” rating in a report issued on a November 25.

Approximately 302,061 shares of stock traded hands. Burberry Group plc (LON:BRBY) has declined 32.78% since May 13, 2015 and is downtrending. It has underperformed by 30.85% the S&P500.

Burberry Group PLC (LON:BRBY) Sell Rating Reaffirmed Today By Liberum Capital; The Price Objective Provided Is GBX 1050.00

Burberry Group PLC is a United Kingdom manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 5.30 billion GBP. The Firm designs, produces and sells products under the Burberry brand. It has 15 P/E ratio. The Company’s product categories include women’s and men’s apparel and accessories and beauty.

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