Home » Reports » Burberry Group plc 13.1% Potential Upside Indicated by Morgan Stanley

Burberry Group plc 13.1% Potential Upside Indicated by Morgan Stanley

Burberry Group plc using EPIC/TICKER code (LON:BRBY) 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 1550 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 13.1% from today’s opening price of 1370.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 18.5 points and decreased 522 points respectively. The 52 week high for the stock is 2362 GBX while the year low share price is currently 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,373.84 GBX and a 200 day moving average of 1,916.72. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,654,294. Market capitalisation for LON:BRBY is £5,611,247,109 GBP.

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