Burberry Group (BRBY) Earns Neutral Rating from BNP Paribas

Burberry Group (LON:BRBY)‘s stock had its “neutral” rating reiterated by investment analysts at BNP Paribas in a research report issued on Thursday.

BRBY has been the topic of a number of other reports. JPMorgan Chase & Co. reiterated a “neutral” rating and set a GBX 1,720 ($23.76) price objective on shares of Burberry Group in a research note on Monday, January 8th. Societe Generale upgraded shares of Burberry Group to a “buy” rating and increased their price objective for the company from GBX 1,770 ($24.45) to GBX 1,920 ($26.53) in a research note on Friday, March 2nd. Morgan Stanley dropped their price objective on shares of Burberry Group from GBX 1,676 ($23.16) to GBX 1,600 ($22.11) and set an “equal weight” rating on the stock in a research note on Thursday, January 18th. Barclays reiterated an “overweight” rating and set a GBX 1,900 ($26.25) price objective on shares of Burberry Group in a research note on Thursday, January 4th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a GBX 1,900 ($26.25) price objective on shares of Burberry Group in a research note on Tuesday, January 16th. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,699.05 ($23.47).

How to Become a New Pot Stock Millionaire

Burberry Group stock opened at GBX 1,653 ($22.84) on Thursday. Burberry Group has a one year low of GBX 1,481.50 ($20.47) and a one year high of GBX 2,024 ($27.96). The stock has a market cap of $6,930.00 and a P/E ratio of 2,361.43.

In other Burberry Group news, insider Julie Brown sold 18,420 shares of the firm’s stock in a transaction on Wednesday, February 7th. The shares were sold at an average price of GBX 1,570 ($21.69), for a total value of £289,194 ($399,549.60). Also, insider Ron Frasch purchased 885 shares of the firm’s stock in a transaction on Wednesday, March 7th. The stock was bought at an average cost of GBX 1,635 ($22.59) per share, with a total value of £14,469.75 ($19,991.37).

ILLEGAL ACTIVITY NOTICE: This piece was published by Ticker Report and is owned by of Ticker Report. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://www.tickerreport.com/banking-finance/3295110/burberry-group-brby-earns-neutral-rating-from-bnp-paribas.html.

About Burberry Group

Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company’s segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts.

Analyst Recommendations for Burberry Group (LON:BRBY)

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.

Latest News

FIG Partners Comments on Central Valley Community Bancorp’s FY2019 Earnings
FIG Partners Comments on Central Valley Community Bancorp’s FY2019 Earnings
Jupiter Fund Management’s  “Hold” Rating Reiterated at Numis Securities
Jupiter Fund Management’s “Hold” Rating Reiterated at Numis Securities
Howdens Joinery’s  “Add” Rating Reiterated at Numis Securities
Howdens Joinery’s “Add” Rating Reiterated at Numis Securities
Hammerson  Upgraded by Barclays to “Equal weight”
Hammerson Upgraded by Barclays to “Equal weight”
Liberum Capital Reiterates Hold Rating for Intu Properties
Liberum Capital Reiterates Hold Rating for Intu Properties
Peel Hunt Reaffirms “Buy” Rating for JD Sports Fashion
Peel Hunt Reaffirms “Buy” Rating for JD Sports Fashion


© 2006-2018 Ticker Report. Google+.