Burberry Group (BRBY) Rating Reiterated by Credit Suisse Group

Credit Suisse Group reaffirmed their neutral rating on shares of Burberry Group (LON:BRBY) in a research report report published on Monday morning, ThisIsMoney.Co.Uk reports.

Other research analysts have also issued research reports about the company. Jefferies Financial Group reissued a hold rating on shares of Burberry Group in a research report on Tuesday, April 9th. Berenberg Bank increased their target price on Burberry Group from GBX 1,920 ($25.09) to GBX 1,970 ($25.74) and gave the stock a hold rating in a research report on Thursday, January 24th. Deutsche Bank reissued a hold rating on shares of Burberry Group in a research report on Thursday, May 2nd. Goldman Sachs Group lowered Burberry Group to a sell rating in a research report on Monday, May 13th. Finally, UBS Group reissued a neutral rating on shares of Burberry Group in a research report on Friday. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and one has assigned a buy rating to the stock. The stock presently has an average rating of Hold and an average price target of GBX 1,908.93 ($24.94).

Shares of LON:BRBY opened at GBX 1,814.50 ($23.71) on Monday. Burberry Group has a 52-week low of GBX 1,618.50 ($21.15) and a 52-week high of GBX 2,338 ($30.55). The company has a market capitalization of $7.41 billion and a PE ratio of 22.21. The company has a debt-to-equity ratio of 2.55, a current ratio of 2.51 and a quick ratio of 1.70.

The business also recently declared a dividend, which will be paid on Friday, August 2nd. Investors of record on Thursday, June 27th will be paid a GBX 31.50 ($0.41) dividend. The ex-dividend date of this dividend is Thursday, June 27th. This represents a dividend yield of 1.69%. This is an increase from Burberry Group’s previous dividend of $11.00. Burberry Group’s dividend payout ratio is presently 0.50%.

Burberry Group Company Profile

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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Analyst Recommendations for Burberry Group (LON:BRBY)

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