Home » Reports » Broker Ratings » Burberry Group plc 1.8% Potential Decrease Indicated by Morgan Stanley

Burberry Group plc 1.8% Potential Decrease Indicated by Morgan Stanley

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ this morning by analysts at Morgan Stanley. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Morgan Stanley have set a target price of 2200 GBX on its stock. This now indicates the analyst believes there is a potential downside of -1.8% from today’s opening price of 2240 GBX. Over the last 30 and 90 trading days the company share price has increased 5 points and increased 315.5 points respectively. The 1 year high share price is 2362 GBX while the 52 week low for the stock is 1678 GBX.

Burberry Group plc has a 50 day moving average of 2,173.15 GBX and the 200 Day Moving Average price is recorded at 2,076.39. There are currently 255,722,099 shares in issue with the average daily volume traded being 1,444,714. Market capitalisation for LON:BRBY is £8,930,915,205 GBP.

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