Burberry Group (LON:BRBY) Rating Reaffirmed
Societe Generale now has a GBX 1300 Estimated Target Price on shares of Burberry Group (LON:BRBY). The Estimated Target Price may mean a potential upside of 13.44% from the last stock price of Burberry Group (LON:BRBY). This rating was announced to investors in a very recent research note on 11 December.
From a total of 26 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 1050. The mean of all analyst targets is GBX 1486.31 with a 30.82% above today’s (GBX 1140.11) 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 645,666 shares of stock traded hands. Burberry Group plc (LON:BRBY) has declined 33.30% since May 14, 2015 and is downtrending. It has underperformed by 30.28% the S&P500.
Burberry Group PLC is a United Kingdom manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 5.08 billion GBP. The Firm designs, produces and sells products under the Burberry brand. It has 14.54 P/E ratio. The Company’s product categories include women’s and men’s apparel and accessories and beauty.