Burberry Group (LON:BRBY) Rating Reaffirmed
Bernstein now has a GBX 1350 target price on the 5.21B GBP market cap company or 12.88% upside potential. In analysts note made public on Friday morning, Burberry Group (LON:BRBY) shares have had their Market Perform Rating reiterated by stock analysts at Bernstein.
From a total of 26 analysts covering Burberry Group PLC (LON:BRBY) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 1914 while the lowest target price is GBX 1050. The mean of all analyst targets is GBX 1464.19 with a 25.00% above today’s (GBX 1190) stock price. Burberry Group PLC was the topic of 82 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. BNP Paribas maintained shares on December 18 with “Neutral” rating. Bernstein maintained shares with “Market Perform” rating and GBX 1425 target share price in a report from a December 8. Nomura maintained BRBY stock in a recent report from December 15 with “Neutral” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Underperform” rating and a GBX 1250 price target on shares. Finally, Liberum Capital maintained the stock with “Sell” rating in a report issued on a December 10.
Approximately 674,266 shares of stock traded hands. Burberry Group plc (LON:BRBY) has declined 29.35% since May 21, 2015 and is downtrending. It has underperformed by 25.54% the S&P500.
Burberry Group PLC is a United Kingdom manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 5.21 billion GBP. The Firm designs, produces and sells products under the Burberry brand. It has 15.18 P/E ratio. The Company’s product categories include women’s and men’s apparel and accessories and beauty.