Burberry Group plc 13.7% Potential Decrease Indicated by Jefferies International

Broker Ratings

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at Jefferies International. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set their target price at 1250 GBX on its stock. This would imply the analyst believes there is a potential downside of -13.7% from today’s opening price of 1448.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 140 points and decreased 10.5 points respectively. The 1 year high for the share price is 2362 GBX while the 52 week low is 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,562.87 GBX and the 200 Day Moving Average price is recorded at 1,798.88. There are currently 404,708,566 shares in issue with the average daily volume traded being 1,453,491. Market capitalisation for LON:BRBY is £5,698,296,609 GBP.

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