BURBERRY GROUP ORD 0.05P – Consensus Indicates Potential -10.1% Downside

Broker Ratings

BURBERRY GROUP ORD 0.05P with EPIC code (LON:BRBY) now have 18 analysts covering the company. The target price ranges between £22.70 and £16. meaning the average target price is £19.15. Now with the previous closing price of £21.30 this would indicate that there is a downside of -10.1%. The 50 day moving average now sits at £20.87 and the 200 day moving average is £20.24. The market cap for the company is £9b. Company Website: http://www.burberry.com

Burberry Group , 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 offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It markets its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts. As of March 27, 2021, the company operated 214 mainline stores, 145 concession stores, 56 outlets, and 44 franchise stores. It operates in the Asia Pacific, Europe, the Middle East, India, Africa, and the Americas. Burberry Group was founded in 1856 and is headquartered in London, the United Kingdom.

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