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Burberry Group plc 2.6% Potential Decrease Indicated by Goldman Sachs

Burberry Group plc using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Goldman Sachs. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Goldman Sachs have set a target price of 1855 GBX on its stock. This indicates the analyst believes there is a potential downside of -2.6% from the opening price of 1904 GBX. Over the last 30 and 90 trading days the company share price has increased 96 points and increased 145.5 points respectively. The 1 year high for the stock price is 2338 GBX while the 52 week low is 1611 GBX.

Burberry Group plc has a 50 day moving average of 1,856.07 GBX and a 200 day moving average of 1,977.74. There are currently 411,438,843 shares in issue with the average daily volume traded being 1,379,533. Market capitalisation for LON:BRBY is £7,807,052,045 GBP.