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Burberry Group plc 23% Potential Upside Indicated by Credit Suisse

Burberry Group plc using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 2650 GBX on its stock. This is indicating the analyst believes there is a potential upside of 23.0% from the opening price of 2155 GBX. Over the last 30 and 90 trading days the company share price has decreased 49 points and increased 377.5 points respectively. The 52 week high for the share price is currently at 2362 GBX while the 52 week low is 1618.5 GBX.

Burberry Group plc has a 50 day moving average of 2,223.45 GBX and the 200 Day Moving Average price is recorded at 1,963.15. There are currently 411,317,371 shares in issue with the average daily volume traded being 1,325,156. Market capitalisation for LON:BRBY is £8,937,926,471 GBP.