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Burberry Group plc 34.8% Potential Upside Indicated by Berenberg

Burberry Group plc with EPIC/TICKER (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set a target price of 2270 GBX on its stock. This is indicating the analyst believes there is a potential upside of 34.8% from the opening price of 1684 GBX. Over the last 30 and 90 trading days the company share price has decreased 327 points and decreased 459 points respectively. The 1 year high share price is 2338 GBX while the year low stock price is currently 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 2,077.93 GBX and a 200 Day Moving Average share price is recorded at 1,922.22. There are currently 411,347,574 shares in issue with the average daily volume traded being 2,853,067. Market capitalisation for LON:BRBY is £6,820,142,992 GBP.