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Burberry Group plc 3.3% Potential Decrease Indicated by Deutsche Bank

Burberry Group plc with EPIC/TICKER (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Deutsche Bank. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set a target price of 1800 GBX on its stock. This would imply the analyst believes there is a potential downside of -3.3% from the opening price of 1861 GBX. Over the last 30 and 90 trading days the company share price has increased 89 points and increased 183 points respectively. The 52 week high share price is 1908 GBX while the year low stock price is currently 1360 GBX.

Burberry Group plc has a 50 day moving average of 1,787.20 GBX and a 200 day moving average of 1,724.50. There are currently 427,164,135 shares in issue with the average daily volume traded being 1,171,472. Market capitalisation for LON:BRBY is £8,026,414,097 GBP.

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