A statement released earlier today by Jefferies International about Burberry Group PLC (LON:BRBY) maintains the target price at 1,290.00GBX
- Updated: October 5, 2016
Jefferies International hold steady the target of Burberry Group PLC (LON:BRBY) at 1,290.00GBX stating a potential downside of -0.07%.
On Wednesday October 05, 2016, Exane BNP Paribas released a statement on Burberry Group PLC (LON:BRBY) maintained the target price at 1,460.00GBX that suggested an upside of 0.05%.
Showing a price of 1,392.50GBX, Burberry Group PLC (LON:BRBY) traded -0.35% lower on the day. The last stock close price is up 13.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. BRBY has recorded a 50-day average of 1,339.50GBX and a two hundred day average of 1,244.28GBX. 114,374 shares of the stock traded hands, down from an average trading volume of 2,230,050
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Burberry Group PLC has a 52 week low of 1,039.00GBX and a 52 week high of 1,512.00GBX with a P/E ratio of 20.39 The company’s market cap is currently 0 GBX.
In addition to Jefferies International reporting its stock price target, a total of 29 brokers have issued a report on the company. The average stock price target is 1,290.43GBX with 2 brokers rating the stock a strong buy, 5 brokers rating the stock a buy, 20 brokers rating the stock a hold, 3 brokers rating the stock a underperform, and finally 1 broker rating the stock a sell.
General Information About Burberry Group PLC (LON:BRBY)
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. The Licensing segment is engaged in the receipt of royalties from the Company's partners in Japan and global licensees of eyewear, timepieces and European childrenswear. The Company's product divisions are Womens, Mens and Childrens apparel, Accessories, and Beauty (which includes fragrance and make-up). Its subsidiaries include Burberry Latin America Holdings, S.L, Burberry (Suisse) SA, Burberry (Taiwan) Co Ltd, Burberry (Thailand) Limited and Burberry FZ-LLC.
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