Burberry Group plc (LON:BRBY) had its price target increased by BNP Paribas from GBX 1,350 ($17.62) to GBX 1,460 ($19.06) in a research report sent to investors on Tuesday morning, StockTargetPrices.com reports. BNP Paribas currently has a neutral rating on the stock.
Other research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. reiterated a neutral rating on shares of Burberry Group plc in a research note on Tuesday, July 12th. Credit Suisse Group AG boosted their price target on Burberry Group plc from GBX 1,000 ($13.05) to GBX 1,150 ($15.01) and gave the stock an underperform rating in a research note on Tuesday, July 19th. Societe Generale reiterated a hold rating and issued a GBX 1,200 ($15.66) price target on shares of Burberry Group plc in a research note on Monday, July 11th. Deutsche Bank AG boosted their price target on Burberry Group plc from GBX 1,250 ($16.32) to GBX 1,350 ($17.62) and gave the stock a hold rating in a research note on Monday, July 11th. Finally, HSBC cut their price target on Burberry Group plc from GBX 1,500 ($19.58) to GBX 1,330 ($17.36) and set a hold rating on the stock in a research note on Monday, July 4th. Three analysts have rated the stock with a sell rating, nineteen have given a hold rating and four have given a buy rating to the stock. Burberry Group plc has an average rating of Hold and a consensus price target of GBX 1,380.17 ($18.02).
Burberry Group plc (LON:BRBY) opened at 1375.337280 on Tuesday. The stock’s market capitalization is GBX 6.08 billion. The firm has a 50 day moving average price of GBX 1,335.57 and a 200 day moving average price of GBX 1,245.76. Burberry Group plc has a 52 week low of GBX 1,039.00 and a 52 week high of GBX 1,512.00.
In other news, insider Bailey,Christopher sold 18,750 shares of the firm’s stock in a transaction on Wednesday, August 24th. The stock was sold at an average price of GBX 1,352 ($17.65), for a total transaction of £253,500 ($330,896.75).
Burberry Group plc Company Profile
Burberry Group PLC is a United Kingdom-based manufacturer, wholesaler and retailer of luxury goods. The Company designs, produces and sells products under the Burberry brand. The Company’s product categories include women’s and men’s apparel and accessories and beauty. The Company owns distribution network consisting of: 497 directly operated stores and concessions, offline and burberry.com, a digital platform active in 11 languages, online.
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