Home » Reports » Burberry Group plc 4.6% Potential Upside Indicated by Morgan Stanley

Burberry Group plc 4.6% Potential Upside Indicated by Morgan Stanley

Burberry Group plc with EPIC/TICKER (LON:BRBY) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘EQUAL WEIGHT’ today by analysts at Morgan Stanley. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Morgan Stanley have set a target price of 1600 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 4.6% from today’s opening price of 1530 GBX. Over the last 30 and 90 trading days the company share price has increased 201 points and decreased 175 points respectively. The 1 year high for the stock price is 2362 GBX while the year low stock price is currently 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,412.18 GBX and a 200 Day Moving Average share price is recorded at 1,890.23. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,715,370. Market capitalisation for LON:BRBY is £6,301,270,645 GBP.

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