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Burberry Group plc 22.7% Potential Upside Indicated by Beaufort Securities

Burberry Group plc with EPIC/TICKER LON:BRBY had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Beaufort Securities. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Beaufort Securities have set their target price at 1920 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 22.7% from the opening price of 1565 GBX. Over the last 30 and 90 trading days the company share price has decreased 192 points and decreased 95 points respectively.

 
Burberry Group plc LON:BRBY has a 50 day moving average of 1,743.69 GBX and a 200 Day Moving Average share price is recorded at 1,519.76 GBX. The 52 week high for the share price is currently at 1838 GBX while the 52 week low for the stock is 1039 GBX. There are currently 438,380,306 shares in issue with the average daily volume traded being 1,330,638. Market capitalisation for LON:BRBY is £6,803,662,349 GBP.

 

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.

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