Burberry Group plc 2.6% Potential Decrease Indicated by JP Morgan Cazenove

Broker Ratings

Burberry Group plc using EPIC/TICKER code (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at JP Morgan Cazenove. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set a target price of 1850 GBX on its stock. This is indicating the analyst believes there is a potential downside of -2.6% from the opening price of 1900 GBX. Over the last 30 and 90 trading days the company share price has increased 200 points and decreased 24.5 points respectively. The 1 year high for the stock price is 2338 GBX while the 52 week low for the share price is 1618.5 GBX.

Burberry Group plc has a 50 day moving average of 1,863.66 GBX and a 200 Day Moving Average share price is recorded at 1,861.03. There are currently 411,459,542 shares in issue with the average daily volume traded being 1,863,763. Market capitalisation for LON:BRBY is £7,696,350,733 GBP.

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