Mulberry Group PLC (LON:MUL) Rating Reaffirmed
Barclays Capital now has a GBX 950.00 target PPS on the 559.77M GBP market cap company or 1.63% upside potential. In an analyst note announced on Friday morning, Mulberry Group PLC (LON:MUL) shares have had their Equal weight Rating reiterated by stock research analysts at Barclays Capital.
From a total of 3 analysts covering Mulberry Group PLC (LON:MUL) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 3 a ”Hold”. This means that 0% of the ratings are positive. The highest target price is GBX 950 while the lowest target price is GBX 800. The mean of all analyst targets is GBX 875.63 with a -0.71% below today’s (GBX 920) stock price. Mulberry Group PLC was the topic of 3 analyst reports since August 7, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 7 with “Neutral” rating. Nomura maintained shares with “Neutral” rating and GBX 950 target share price in a report from a November 24.
Approximately 1,028 shares of stock traded hands. Mulberry Group PLC (LON:MUL) has risen 3.19% since May 14, 2015 and is uptrending. It has outperformed by 6.21% the S&P500.
Mulberry Group plc designs, develops, makes, markets and sells products under the Mulberry brand name. The company has a market cap of 559.77 million GBP. The Firm operates in two divisions: Retail business and Design business. It currently has negative earnings. Retail business comprises sale of Mulberry branded fashion accessories, clothing and footwear through a range of shops and department store concessions.