BURBERRY GROUP ORD 0.05P – Consensus Indicates Potential -8.8% Downside

Broker Ratings

BURBERRY GROUP ORD 0.05P found using the EPIC (LON:BRBY) have now 18 analysts in total covering the company. The target price ranges between £22.70 and £16. so the average target price would be £19.15. Given that the previous closing share price was at £21.00 this now indicates there is a potential downside of -8.8%. The day 50 moving average is £20.75 and the 200 day moving average is £18.69. The company has a market capitalisation of £9b. You can visit the company’s website by visiting: 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 28, 2020, the company operated 218 mainline stores, 149 concession stores, 54 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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