Burberry Group (OTCMKTS:BURBY) receives new price target of 2,050 GBX at Barclays


Burberry Group (OTCMKTS: BURBY – Get a rating) saw its target price drop from Barclays from 2,080 GBX ($25.13) to 2,050 GBX ($24.77) in a report on Thursday, Fly reports.

Several other research analysts have also weighed in on the company recently. BNP Paribas downgraded the Burberry Group from an “outperform” rating to a “neutral” rating in a Tuesday July 5 research note. Societe Generale lowered its price target on Burberry Group from 2,300 GBX ($27.79) to 2,142 GBX ($25.88) in a Friday July 1 research note. Cheuvreux downgraded Burberry Group from a “buy” rating to a “hold” rating and set a target price of 1,650 GBX ($19.94) for the stock. in a research note from Tuesday, June 14. Exane BNP Paribas upgraded the Burberry Group from an “outperforming” rating to a “neutral” rating in a research report on Tuesday July 5. Finally, UBS Group lowered its price target on Burberry Group from 1,848 GBX ($22.33) to 1,736 GBX ($20.98) in a Monday, July 18 research report. Five analysts gave the stock a hold rating and two gave the company a buy rating. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $1,923.50.

Burberry Group shares fall 1.0%

BURBY stock traded down $0.19 on Thursday, hitting $19.39. 22,845 shares of the company were traded, against an average volume of 34,940. Burberry Group has a 12-month low of $18.18 and a 12-month high of $28.08. The company has a 50-day moving average price of $20.62 and a two-hundred-day moving average price of $20.55. The company has a quick ratio of 2.00, a current ratio of 2.53 and a debt ratio of 0.18.

Burberry Group Company Profile

(Get a rating)

Burberry Group plc, together with its subsidiaries, manufactures, retails and wholesales luxury goods under the Burberry brand. The Company operates in two segments, Retail/Wholesale and Licensing. It offers clothing for women, men, children, beauty, eyewear, footwear and accessories, as well as leather goods, such as bags.

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Analyst Recommendations for Burberry Group (OTCMKTS: BURBY)

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