Burberry Group plc (LON:BRBY – Get Free Report) has been given an average recommendation of “Reduce” by the six brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 1,440.67 ($18.94).
A number of equities research analysts recently weighed in on the stock. JPMorgan Chase & Co. reiterated 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. Jefferies Financial Group reaffirmed a “hold” rating and set a GBX 800 ($10.52) target price on shares of Burberry Group in a research report on Tuesday, July 16th.
View Our Latest Stock Report on Burberry Group
Burberry Group Stock Performance
Insider Buying and Selling
In other Burberry Group news, insider Antoine Bernard de Saint-Affrique purchased 2,000 shares of the company’s stock in a transaction dated Tuesday, July 16th. The shares were acquired at an average price of GBX 730 ($9.60) per share, for a total transaction of £14,600 ($19,197.90). In related news, insider Antoine Bernard de Saint-Affrique acquired 2,000 shares of the stock in a transaction dated Tuesday, July 16th. The stock was acquired at an average cost of GBX 730 ($9.60) per share, for a total transaction of £14,600 ($19,197.90). Also, insider Alessandra Cozzani bought 1,100 shares of the business’s stock in a transaction that occurred on Thursday, July 18th. The stock was purchased at an average cost of GBX 747 ($9.82) per share, for a total transaction of £8,217 ($10,804.73). 0.73% of the stock is owned by company insiders.
Burberry Group Company Profile
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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