Burberry Group plc (LON:BRBY – Get Free Report) has been given an average rating of “Reduce” by the six ratings firms that are covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation and five have given a hold recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 1,440.67 ($18.94).
Several research firms have recently commented on BRBY. Jefferies Financial Group reissued a “hold” rating and issued a GBX 800 ($10.52) target price on shares of Burberry Group in a research note on Tuesday, July 16th. JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 1,050 ($13.81) price objective on shares of Burberry Group in a report on Tuesday, June 25th.
View Our Latest Stock Report on BRBY
Burberry Group Stock Performance
Insider Buying and Selling
In related news, insider Alessandra Cozzani purchased 1,100 shares of the stock in a transaction dated Thursday, July 18th. The stock was bought at an average cost of GBX 747 ($9.82) per share, with a total value of £8,217 ($10,804.73). In other news, insider Alessandra Cozzani acquired 1,100 shares of the stock in a transaction that occurred on Thursday, July 18th. The stock was acquired at an average price of GBX 747 ($9.82) per share, for a total transaction of £8,217 ($10,804.73). Also, insider Antoine Bernard de Saint-Affrique acquired 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, July 16th. The shares were acquired at an average cost of GBX 730 ($9.60) per share, for a total transaction of £14,600 ($19,197.90). 0.73% of the stock is owned by insiders.
About Burberry Group
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.
See Also
- Five stocks we like better than Burberry Group
- Stock Dividend Cuts Happen Are You Ready?
- Is Merck Stock Undervalued After Its Colossal Earnings Growth?
- Industrial Products Stocks Investing
- Top 5 ETFs for Every Investor: From Semiconductors to Defense
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Blade Air Mobility: This Under-the-Radar Stock Could Double Soon
Receive News & Ratings for Burberry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burberry Group and related companies with MarketBeat.com's FREE daily email newsletter.