Home » Reports » Burberry Group plc 14.2% Potential Decrease Indicated by RBC Capital Markets

Burberry Group plc 14.2% 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’ today 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 1930 GBX on its stock. This would imply the analyst believes there is a potential downside of -14.2% from today’s opening price of 2249 GBX. Over the last 30 and 90 trading days the company share price has increased 80 points and increased 224 points respectively. The 52 week high share price is 2362 GBX while the year low share price is currently 1678 GBX.

Burberry Group plc has a 50 day moving average of 2,145.11 GBX and a 200 Day Moving Average share price is recorded at 2,065.66. There are currently 44,566,689 shares in issue with the average daily volume traded being 1,392,544. Market capitalisation for LON:BRBY is £9,117,706,491 GBP.

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