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Burberry Group plc 6.8% Potential Upside Indicated by Kepler Cheuvreux

Burberry Group plc using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘HOLD’ this morning by analysts at Kepler Cheuvreux. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Kepler Cheuvreux have set a target price of 1640 GBX on its stock. This would imply the analyst believes there is now a potential upside of 6.8% from today’s opening price of 1535.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 244 points and decreased 216.5 points respectively. The 52 week high for the stock is 2024 GBX while the 52 week low for the share price is 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 1,713.35 GBX and a 200 day moving average of 1,759.40. There are currently 418,445,028 shares in issue with the average daily volume traded being 2,044,416. Market capitalisation for LON:BRBY is £6,450,330,107 GBP.

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