Burberry Group PLC (BURBY) Receives Consensus Recommendation of “Hold” from Brokerages

Burberry Group PLC (OTCMKTS:BURBY) has been assigned an average rating of “Hold” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $26.00.

Several research firms have recently issued reports on BURBY. ValuEngine lowered shares of Burberry Group PLC from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. Maxim Group set a $26.00 price target on shares of Burberry Group PLC and gave the company a “buy” rating in a research report on Friday, May 19th. Finally, Royal Bank Of Canada lowered shares of Burberry Group PLC from a “sector perform” rating to an “underperform” rating in a research report on Wednesday, May 3rd.

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Shares of Burberry Group PLC (BURBY) opened at 23.14 on Tuesday. Burberry Group PLC has a 12-month low of $16.37 and a 12-month high of $23.99. The stock has a 50 day moving average price of $22.40 and a 200-day moving average price of $21.92. The stock has a market cap of $10.06 billion, a price-to-earnings ratio of 27.00 and a beta of 1.13.

The company also recently disclosed a None dividend, which will be paid on Friday, August 11th. Investors of record on Friday, July 7th will be paid a dividend of $0.351 per share. The ex-dividend date is Wednesday, July 5th.

About Burberry Group PLC

Analyst Recommendations for Burberry Group PLC (OTCMKTS:BURBY)

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