Burberry Group plc 4.1% Potential Decrease Indicated by Exane BNP Paribas

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 Exane BNP Paribas. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Exane BNP Paribas have set a target price of 2050 GBX on its stock. This now indicates the analyst believes there is a potential downside of -4.1% from today’s opening price of 2138 GBX. Over the last 30 and 90 trading days the company share price has increased 21 points and increased 345.5 points respectively. The 1 year high for the share price is 2362 GBX while the 52 week low for the share price is 1618.5 GBX.

Burberry Group plc has a 50 day moving average of 2,209.30 GBX and the 200 Day Moving Average price is recorded at 1,956.71. There are currently 411,454,366 shares in issue with the average daily volume traded being 1,308,656. Market capitalisation for LON:BRBY is £8,945,017,916 GBP.

You might also enjoy reading  Burberry Group FY22 revenue increased 10% with adjusted operating profit up 38%

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