Insider Buying: Burberry Group (LON:BRBY) Insider Purchases 608 Shares of Stock

Key Points

  • Insider purchase: Burberry director Stella King bought 608 shares on March 20 at an average price of GBX 1,024 per share, a total transaction of £6,225.92.
  • Shares rose about 2.9% and opened at GBX 1,043.50; the stock trades in a 12‑month range of GBX 597–1,376.50, has a market cap of £3.74 billion and a negative P/E of -144.93.
  • Analyst sentiment: MarketBeat shows a consensus "Moderate Buy" with an average price target of GBX 1,348.75, while several banks have raised targets and issued Buy/Overweight ratings despite some mixed views (e.g., JPMorgan's Underweight).

Burberry Group plc (LON:BRBY - Get Free Report) insider Stella King bought 608 shares of Burberry Group stock in a transaction dated Friday, March 20th. The stock was acquired at an average price of GBX 1,024 per share, for a total transaction of £6,225.92.

Burberry Group Stock Up 2.9%

Shares of LON:BRBY opened at GBX 1,043.50 on Tuesday. The company has a current ratio of 1.88, a quick ratio of 1.63 and a debt-to-equity ratio of 173.32. Burberry Group plc has a 12 month low of GBX 597 and a 12 month high of GBX 1,376.50. The company has a 50-day moving average price of GBX 1,151.82 and a 200 day moving average price of GBX 1,192.26. The company has a market cap of £3.74 billion, a price-to-earnings ratio of -144.93, a PEG ratio of 1.66 and a beta of 0.70.

Wall Street Analysts Forecast Growth

BRBY has been the subject of several analyst reports. Citigroup raised their price objective on Burberry Group from GBX 1,570 to GBX 1,590 and gave the company a "buy" rating in a research note on Monday, January 26th. UBS Group reissued a "buy" rating and set a GBX 1,570 target price on shares of Burberry Group in a research report on Friday, January 16th. JPMorgan Chase & Co. lowered Burberry Group to an "underweight" rating and increased their price target for the company from GBX 850 to GBX 950 in a report on Friday, November 28th. Barclays upgraded Burberry Group to an "overweight" rating and raised their price target for the stock from GBX 1,340 to GBX 1,450 in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a GBX 1,400 price objective on shares of Burberry Group in a research note on Thursday, January 22nd. Six equities research analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,348.75.




Read Our Latest Stock Report on Burberry Group

Burberry Group Company Profile

(Get Free Report)

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.

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