Burberry Group plc 7.5% Potential Decrease Indicated by Jefferies International

Broker Ratings

Burberry Group plc using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ this morning by analysts at Jefferies International. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 1750 GBX on its stock. This indicates the analyst believes there is a potential downside of -7.5% from the opening price of 1892.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 257.5 points and decreased 145.5 points respectively. The 1 year high for the stock price is 2362 GBX while the 52 week low for the share price is 1678 GBX.

Burberry Group plc has a 50 day moving average of 2,151.44 GBX and a 200 day moving average of 2,084.38. There are currently 56,376,852 shares in issue with the average daily volume traded being 1,788,181. Market capitalisation for LON:BRBY is £7,634,093,173 GBP.

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