A statement released earlier today by JP Morgan Cazenove about Burberry Group PLC (LON:BRBY) maintains the target price at 1,450.00GBX
- Updated: October 18, 2016
JP Morgan Cazenove hold steady the target of Burberry Group PLC (LON:BRBY) at 1,450.00GBX stating a potential upside of 0.04%.
On Monday October 17, 2016, Exane BNP Paribas released a statement for Burberry Group PLC (LON:BRBY) maintained the target price at 1,460.00GBX that suggested a downside of -0.04%.
Boasting a price of 1,393.00GBX, Burberry Group PLC (LON:BRBY) traded -7.21% lower on the day. With the last stock price close up 11.81% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Burberry Group PLC has recorded a 50-day average of 1,372.65GBX and a two hundred day average of 1,254.83GBX. Volume of trade was up over the average, with 8,168,074 shares of BRBY changing hands over the typical 2,267,470
With a total market value of 0 GBX, Burberry Group PLC has price-earnings ratio of 20.22 with a one year low of 1,039.00GBX and a one year high of 1,545.00GBX .
A total of 29 equity analysts have released a research note on BRBY. Two equity analysts rating the company a strong buy, five equity analysts rating the company a buy, twenty equity analysts rating the company a hold, three equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of 1,290.43GBX.
Brief Synopsis 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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