Burberry Group plc (LON:BRBY) Given Consensus Rating of “Reduce” by Brokerages

Burberry Group plc (LON:BRBYGet Free Report) has been given an average recommendation of “Reduce” by the six research firms that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 1,732.33 ($22.02).

Separately, Royal Bank of Canada dropped their price target on shares of Burberry Group from GBX 1,500 ($19.06) to GBX 1,200 ($15.25) and set a “sector perform” rating for the company in a research report on Thursday, April 4th.

View Our Latest Stock Report on Burberry Group

Burberry Group Stock Performance

Shares of BRBY stock opened at GBX 1,051 ($13.36) on Friday. Burberry Group has a one year low of GBX 1,034 ($13.14) and a one year high of GBX 2,289 ($29.09). 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 company has a 50 day moving average price of GBX 1,164.30 and a 200 day moving average price of GBX 1,317.41. The firm has a market capitalization of £3.77 billion, a price-to-earnings ratio of 1,420.27, a price-to-earnings-growth ratio of 2.03 and a beta of 1.13.

Burberry Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 2nd. Shareholders of record on Thursday, June 27th will be paid a dividend of GBX 42.70 ($0.54) per share. This is an increase from Burberry Group’s previous dividend of $18.30. This represents a yield of 3.59%. The ex-dividend date is Thursday, June 27th. Burberry Group’s payout ratio is currently 8,243.24%.

Burberry Group Company Profile

(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.

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Analyst Recommendations for Burberry Group (LON:BRBY)

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