Insider Buying: Burberry Group (LON:BRBY) Insider Purchases 1,208 Shares of Stock

Burberry Group plc (LON:BRBY) insider Orna NiChionna bought 1,208 shares of the stock in a transaction on Friday, September 5th. The shares were acquired at an average cost of GBX 1,234 per share, with a total value of £14,906.72.

Burberry Group Price Performance

BRBY opened at GBX 1,181.96 on Wednesday. The company has a fifty day moving average price of GBX 1,245.76 and a two-hundred day moving average price of GBX 1,021.93. The company has a debt-to-equity ratio of 136.53, a quick ratio of 1.63 and a current ratio of 1.66. Burberry Group plc has a 52 week low of GBX 563.80 and a 52 week high of GBX 1,375. The firm has a market capitalization of £4.25 billion, a PE ratio of -5,655.29, a P/E/G ratio of 1.66 and a beta of 1.06.

Analyst Ratings Changes

A number of analysts have commented on BRBY shares. Citigroup lifted their target price on shares of Burberry Group from GBX 1,250 to GBX 1,600 and gave the stock a “buy” rating in a report on Monday, July 28th. HSBC reaffirmed a “buy” rating and set a GBX 1,600 target price on shares of Burberry Group in a report on Tuesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a GBX 1,000 target price on shares of Burberry Group in a report on Monday, July 21st. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, Burberry Group presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,350.

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.