Weekly Analysts’ Ratings Updates for Burberry Group (BRBY)

Burberry Group (LON: BRBY) has recently received a number of price target changes and ratings updates:

  • 9/7/2018 – Burberry Group had its price target raised by analysts at Royal Bank of Canada from GBX 1,750 ($22.80) to GBX 1,875 ($24.42). They now have an “underperform” rating on the stock.
  • 9/7/2018 – Burberry Group was downgraded by analysts at Goldman Sachs Group Inc to a “neutral” rating. They now have a GBX 2,536 ($33.03) price target on the stock, up previously from GBX 2,395 ($31.20).
  • 9/5/2018 – Burberry Group had its price target raised by analysts at HSBC Holdings plc from GBX 1,900 ($24.75) to GBX 2,100 ($27.35). They now have a “reduce” rating on the stock.
  • 9/5/2018 – Burberry Group had its “neutral” rating reaffirmed by analysts at Citigroup Inc.
  • 8/23/2018 – Burberry Group had its price target raised by analysts at Credit Suisse Group AG from GBX 1,850 ($24.10) to GBX 2,200 ($28.66). They now have an “outperform” rating on the stock.
  • 8/10/2018 – Burberry Group had its price target raised by analysts at BNP Paribas from GBX 1,800 ($23.45) to GBX 1,950 ($25.40). They now have a “neutral” rating on the stock.
  • 8/10/2018 – Burberry Group had its price target raised by analysts at Berenberg Bank from GBX 2,220 ($28.92) to GBX 2,350 ($30.61). They now have a “buy” rating on the stock.
  • 7/18/2018 – Burberry Group had its price target raised by analysts at Societe Generale from GBX 1,920 ($25.01) to GBX 2,500 ($32.56). They now have a “buy” rating on the stock.

Shares of BRBY stock opened at GBX 2,140 ($27.88) on Friday. Burberry Group plc has a 52 week low of GBX 1,481.50 ($19.30) and a 52 week high of GBX 2,024 ($26.36).

In other news, insider Julie Brown acquired 8,543 shares of the firm’s stock in a transaction dated Friday, July 13th. The stock was acquired at an average cost of GBX 2,102 ($27.38) per share, with a total value of £179,573.86 ($233,911.50). Also, insider Gerry M. Murphy acquired 5,000 shares of the firm’s stock in a transaction dated Friday, June 22nd. The shares were purchased at an average cost of GBX 2,157 ($28.10) per share, with a total value of £107,850 ($140,484.56).

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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