Burberry Group (LON:BRBY - Get Free Report) had its price objective lifted by Royal Bank of Canada from GBX 1,000 ($12.44) to GBX 1,300 ($16.18) in a research note issued to investors on Tuesday,Digital Look reports. The firm presently has an "outperform" rating on the stock. Royal Bank of Canada's price target would indicate a potential upside of 16.75% from the stock's current price.
Burberry Group Stock Down 1.7 %
LON BRBY traded down GBX 19.50 ($0.24) on Tuesday, hitting GBX 1,113.50 ($13.85). The stock had a trading volume of 2,076,665 shares, compared to its average volume of 10,270,868. Burberry Group has a 52-week low of GBX 555.61 ($6.91) and a 52-week high of GBX 1,351 ($16.81). The business's fifty day moving average price is GBX 956.63 and its 200 day moving average price is GBX 798.74. The company has a debt-to-equity ratio of 135.70, a current ratio of 1.66 and a quick ratio of 1.63. The stock has a market cap of £3.99 billion, a price-to-earnings ratio of 1,504.73, a price-to-earnings-growth ratio of 1.66 and a beta of 1.06.
Burberry Group (LON:BRBY - Get Free Report) last announced its earnings results on Thursday, November 14th. The company reported GBX (18.30) (($0.23)) earnings per share for the quarter. Burberry Group had a return on equity of 20.13% and a net margin of 9.10%. Equities research analysts anticipate that Burberry Group will post 32.6294821 earnings per share for the current year.
About Burberry Group
(
Get Free Report)
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.
Read More
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Burberry Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burberry Group wasn't on the list.
While Burberry Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for February 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
