Burberry Group (LON:BRBY) Insider Sells £201,421.10 in Stock

Burberry Group plc (LON:BRBY) insider Kate Ferry sold 18,479 shares of the business’s stock in a transaction dated Monday, July 27th. The shares were sold at an average price of GBX 1,090, for a total value of £201,421.10.

Kate Ferry also recently made the following trade(s):

• On Thursday, June 25th, Kate Ferry purchased 32,026 shares of Burberry Group stock. The shares were bought at an average price of GBX 1,089 per share, for a total transaction of £348,763.14.

Burberry Group Price Performance

Shares of Burberry Group stock opened at GBX 1,205.58 on Friday. The company has a debt-to-equity ratio of 162.02, a current ratio of 1.87 and a quick ratio of 1.63. The business’s 50 day simple moving average is GBX 1,108.72 and its two-hundred day simple moving average is GBX 1,131.06. The stock has a market capitalization of £4.33 billion, a P/E ratio of 204.34, a price-to-earnings-growth ratio of 1.66 and a beta of 0.68. Burberry Group plc has a one year low of GBX 976 and a one year high of GBX 1,376.50.

Burberry Group (LON:BRBY) last released its quarterly earnings data on Thursday, May 14th. The company reported GBX 15.20 earnings per share for the quarter. The firm had revenue of GBX 242 billion during the quarter. Burberry Group had a return on equity of 2.29% and a net margin of 0.87%. Analysts forecast that Burberry Group plc will post 32.6294821 EPS for the current year.

Wall Street Analyst Weigh In

BRBY has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a GBX 1,480 target price on shares of Burberry Group in a research report on Monday, May 18th. Jefferies Financial Group reissued an “underperform” rating and set a GBX 940 price objective on shares of Burberry Group in a research note on Wednesday, June 24th. Citigroup cut their price objective on shares of Burberry Group from GBX 1,590 to GBX 1,560 and set a “buy” rating on the stock in a report on Monday, June 1st. JPMorgan Chase & Co. raised their target price on shares of Burberry Group from GBX 950 to GBX 980 and gave the company an “underweight” rating in a research note on Friday, May 15th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 1,080 target price on shares of Burberry Group in a report on Thursday, July 23rd. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 1,322.22.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It sells its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts, as well as through Burberry.com website.