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Burberry Group plc 10.8% Potential Decrease Indicated by RBC Capital Markets

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at RBC Capital Markets. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set a target price of 1900 GBX on its stock. This now indicates the analyst believes there is a potential downside of -10.8% from the opening price of 2130 GBX. Over the last 30 and 90 trading days the company share price has decreased 93 points and increased 170.5 points respectively. The 1 year high for the stock price is 2362 GBX while the 52 week low for the share price is 1678 GBX.

Burberry Group plc has a 50 day moving average of 2,181.32 GBX and a 200 Day Moving Average share price is recorded at 2,079.41. There are currently 406,774,887 shares in issue with the average daily volume traded being 1,477,257. Market capitalisation for LON:BRBY is £8,615,492,106 GBP.

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