Burberry Group plc (LON:BRBY - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 799.10 ($10.06) and traded as high as GBX 979.71 ($12.33). Burberry Group shares last traded at GBX 968.80 ($12.19), with a volume of 235,885 shares changing hands.
Analysts Set New Price Targets
A number of research firms have recently issued reports on BRBY. Barclays downgraded shares of Burberry Group to an "underweight" rating in a research note on Monday, September 9th. Royal Bank of Canada raised Burberry Group to an "outperform" rating and increased their target price for the company from GBX 650 ($8.18) to GBX 900 ($11.33) in a research report on Thursday, November 7th.
Read Our Latest Stock Report on BRBY
Burberry Group Stock Down 0.1 %
The company has a debt-to-equity ratio of 135.70, a quick ratio of 1.63 and a current ratio of 1.66. The firm has a market capitalization of £3.47 billion, a P/E ratio of 1,308.11, a PEG ratio of 1.66 and a beta of 1.06. The business's fifty day moving average price is GBX 846.91 and its two-hundred day moving average price is GBX 799.10.
Burberry Group Company Profile
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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 provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.
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