Home » Reports » Burberry Group plc 4.7% Potential Upside Indicated by Bank of America Merrill Lynch

Burberry Group plc 4.7% Potential Upside Indicated by Bank of America Merrill Lynch

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ this morning by analysts at Bank of America Merrill Lynch. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set a target price of 1800 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.7% from today’s opening price of 1719 GBX. Over the last 30 and 90 trading days the company share price has decreased 260 points and decreased 280 points respectively. The 1 year high stock price is 2362 GBX while the 52 week low for the stock is 1581 GBX.

Burberry Group plc has a 50 day moving average of 2,099.57 GBX and a 200 day moving average of 2,082.43. There are currently 404,669,662 shares in issue with the average daily volume traded being 2,070,090. Market capitalisation for LON:BRBY is £6,464,597,850 GBP.

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