Weekly Investment Research Analysts’ Ratings Changes for Burberry Group (BRBY)

Weekly Investment Research Analysts’ Ratings Changes for Burberry Group (BRBY)

Several analysts have recently updated their ratings and price targets for Burberry Group (LON: BRBY):

2/8/2019 – Burberry Group was downgraded by analysts at Credit Suisse Group AG to a “neutral” rating. They now have a GBX 1,950 ($25.48) price target on the stock, down previously from GBX 2,200 ($28.75).

2/6/2019 – Burberry Group had its “hold” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 1,970 ($25.74) price target on the stock.

1/24/2019 – Burberry Group had its “neutral” rating reaffirmed by analysts at UBS Group AG.

1/24/2019 – Burberry Group had its price target lowered by analysts at Goldman Sachs Group Inc from GBX 2,194 ($28.67) to GBX 2,148 ($28.07). They now have a “neutral” rating on the stock.

1/24/2019 – Burberry Group had its price target raised by analysts at Berenberg Bank from GBX 1,920 ($25.09) to GBX 1,970 ($25.74). They now have a “hold” rating on the stock.

1/11/2019 – Burberry Group had its price target lowered by analysts at Jefferies Financial Group Inc from GBX 2,060 ($26.92) to GBX 1,800 ($23.52). They now have a “hold” rating on the stock.

1/11/2019 – Burberry Group had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.

1/10/2019 – Burberry Group had its “neutral” rating reaffirmed by analysts at UBS Group AG. They now have a GBX 1,900 ($24.83) price target on the stock, down previously from GBX 2,000 ($26.13).

1/10/2019 – Burberry Group was downgraded by analysts at Berenberg Bank to a “hold” rating. They now have a GBX 1,920 ($25.09) price target on the stock, down previously from GBX 2,270 ($29.66).

12/19/2018 – Burberry Group had its price target lowered by analysts at JPMorgan Chase & Co. from GBX 1,900 ($24.83) to GBX 1,820 ($23.78). They now have a “neutral” rating on the stock.

Shares of Burberry Group stock traded up GBX 39.50 ($0.52) during trading hours on Monday, reaching GBX 1,908.50 ($24.94). The stock had a trading volume of 898,007 shares, compared to its average volume of 2,130,000. Burberry Group plc has a 1 year low of GBX 1,481.50 ($19.36) and a 1 year high of GBX 2,024 ($26.45).

In related news, insider Julie Brown bought 108 shares of the stock in a transaction dated Monday, February 4th. The stock was acquired at an average price of GBX 1,828 ($23.89) per share, for a total transaction of £1,974.24 ($2,579.69). Also, insider Matthew Key bought 1,150 shares of the stock in a transaction dated Thursday, December 6th. The stock was bought at an average price of GBX 1,714 ($22.40) per share, with a total value of £19,711 ($25,755.91).

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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