Burberry Group plc 7.9% Potential Decrease Indicated by Bernstein

Broker Ratings

Burberry Group plc using EPIC/TICKER code (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘MARKET PERFORM’ this morning by analysts at Bernstein. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Bernstein have set their target price at 1410 GBX on its stock. This indicates the analyst believes there is a potential downside of -7.9% from the opening price of 1530.5 GBX. Over the last 30 and 90 trading days the company share price has increased 136.5 points and increased 251.5 points respectively. The 52 week high share price is 2362 GBX while the year low share price is currently 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,475.28 GBX and the 200 Day Moving Average price is recorded at 1,864.98. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,586,816. Market capitalisation for LON:BRBY is £6,303,294,174 GBP.

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