Societe Generale Increases Burberry Group (OTCMKTS:BURBY) Price Target to GBX 2,380

Burberry Group (OTCMKTS:BURBYGet Rating) had its price target hoisted by Societe Generale from GBX 2,190 ($25.90) to GBX 2,380 ($28.14) in a report published on Monday, The Fly reports.

Several other equities research analysts have also issued reports on the company. Barclays dropped their price objective on Burberry Group from GBX 2,080 ($24.60) to GBX 2,050 ($24.24) in a research note on Thursday, September 22nd. Royal Bank of Canada boosted their price target on Burberry Group from GBX 1,800 ($21.28) to GBX 2,070 ($24.48) in a report on Friday, November 18th. JPMorgan Chase & Co. boosted their price target on Burberry Group from GBX 1,900 ($22.47) to GBX 2,000 ($23.65) in a report on Friday, September 30th. Berenberg Bank cut their price objective on Burberry Group from GBX 2,050 ($24.24) to GBX 1,730 ($20.46) in a research report on Tuesday, September 6th. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on Burberry Group from GBX 1,950 ($23.06) to GBX 2,200 ($26.01) in a research report on Friday, November 18th.

Burberry Group Trading Up 1.6 %

Shares of OTCMKTS:BURBY opened at $25.25 on Monday. The business’s 50 day simple moving average is $21.39 and its two-hundred day simple moving average is $20.72. The company has a current ratio of 2.53, a quick ratio of 2.00 and a debt-to-equity ratio of 0.18. Burberry Group has a 52-week low of $17.52 and a 52-week high of $28.08.

About Burberry Group

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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.

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