Kepler Capital Markets upgraded shares of Burberry Group (LON:BRBY) to a hold rating in a research report report published on Friday morning. They currently have GBX 1,780 ($23.26) price target on the stock, down from their previous price target of GBX 1,870 ($24.43).
Other equities research analysts have also recently issued research reports about the company. JPMorgan Chase & Co. boosted their price target on Burberry Group from GBX 1,710 ($22.34) to GBX 1,850 ($24.17) and gave the company a neutral rating in a research note on Thursday, October 25th. Credit Suisse Group boosted their price target on Burberry Group from GBX 1,850 ($24.17) to GBX 2,200 ($28.75) and gave the company an outperform rating in a research note on Thursday, August 23rd. HSBC boosted their price target on Burberry Group from GBX 1,900 ($24.83) to GBX 2,100 ($27.44) and gave the company a reduce rating in a research note on Wednesday, September 5th. Citigroup reissued a neutral rating on shares of Burberry Group in a research note on Wednesday, September 5th. Finally, Deutsche Bank reissued a hold rating on shares of Burberry Group in a research note on Tuesday, November 13th. One analyst has rated the stock with a sell rating, ten have given a hold rating and five have given a buy rating to the company’s stock. Burberry Group has an average rating of Hold and an average target price of GBX 2,003.94 ($26.18).
LON:BRBY opened at GBX 1,850 ($24.17) on Friday. Burberry Group has a fifty-two week low of GBX 1,481.50 ($19.36) and a fifty-two week high of GBX 2,024 ($26.45).
About Burberry Group
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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