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Burberry Group plc 7.5% Potential Decrease Indicated by Kepler Cheuvreux

Burberry Group plc using EPIC/TICKER code (LON:BRBY) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘REDUCE’ 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 1870 GBX on its stock. This indicates the analyst believes there is a potential downside of -7.5% from the opening price of 2022 GBX. Over the last 30 and 90 trading days the company share price has decreased 89 points and increased 305.5 points respectively. The 52 week high for the share price is currently at 2186 GBX while the 52 week low is 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 2,051.06 GBX and a 200 Day Moving Average share price is recorded at 1,806.54. There are currently 416,923,040 shares in issue with the average daily volume traded being 2,911,563. Market capitalisation for LON:BRBY is £8,359,561,254 GBP.