Burberry Group (LON:BRBY) Rating Reaffirmed
In a very recent research note distributed to Clients this morning, Equita SIM SpA maintained their Buy rating on Burberry Group (LON:BRBY) shares. The price target means a possible upside of 36.82% from company’s closing share price.
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 22.87% above today’s (GBX 1208) stock price. Burberry Group PLC was the topic of 83 analyst reports since July 31, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 18 with “Market Perform” rating. Liberum Capital maintained shares with “Sell” rating and GBX 1050 target share price in a report from a December 10. HSBC maintained BRBY stock in a recent report from December 16 with “Buy” rating. Credit Suisse maintained the rating on November 24. Credit Suisse has a “Underperform” rating and a GBX 1250 price target on shares. Finally, Societe Generale maintained the stock with “Hold” rating in a report issued on a December 11.
Approximately 370,026 shares of stock traded hands. Burberry Group plc (LON:BRBY) has declined 30.49% since May 22, 2015 and is downtrending. It has underperformed by 24.68% the S&P500.
Burberry Group PLC is a United Kingdom manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 5.38 billion GBP. The Firm designs, produces and sells products under the Burberry brand. It has 15.4 P/E ratio. The Company’s product categories include women’s and men’s apparel and accessories and beauty.