Burberry Group (LON:BRBY – Get Free Report) had its price target lowered by equities researchers at Royal Bank of Canada from GBX 1,500 ($18.83) to GBX 1,200 ($15.06) in a research report issued to clients and investors on Thursday, MarketBeat Ratings reports. The firm currently has a “sector perform” rating on the stock. Royal Bank of Canada’s target price points to a potential upside of 3.49% from the company’s previous close.
Burberry Group Stock Down 1.9 %
Shares of LON BRBY opened at GBX 1,159.50 ($14.56) on Thursday. Burberry Group has a 1 year low of GBX 1,151.50 ($14.46) and a 1 year high of GBX 2,656 ($33.34). The firm has a market cap of £4.16 billion, a price-to-earnings ratio of 974.37, a PEG ratio of 3.78 and a beta of 1.14. The company has a debt-to-equity ratio of 138.77, a quick ratio of 1.63 and a current ratio of 1.55. The stock’s 50-day simple moving average is GBX 1,264.29 and its 200-day simple moving average is GBX 1,474.78.
Burberry Group Company Profile
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