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Burberry Group plc 10.9% Potential Decrease Indicated by Deutsche Bank

Burberry Group plc with EPIC/TICKER (LON:BRBY) has 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 their target price at 1800 GBX on its stock. This would indicate that the analyst believes there is a downside of -10.9% from the opening price of 2020 GBX. Over the last 30 and 90 trading days the company share price has decreased 86 points and increased 300.5 points respectively. The 1 year high for the share price is 2186 GBX while the 52 week low for the share price is 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 2,055.05 GBX and a 200 Day Moving Average share price is recorded at 1,807.81. There are currently 416,812,000 shares in issue with the average daily volume traded being 2,958,081. Market capitalisation for LON:BRBY is £8,942,043,689 GBP.