Home » Reports » Burberry Group plc 8.2% Potential Decrease Indicated by RBC Capital Markets

Burberry Group plc 8.2% Potential Decrease Indicated by RBC Capital Markets

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘UNDERPERFORM’ today by analysts at RBC Capital Markets. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. RBC Capital Markets have set a target price of 1460 GBX on its stock. This indicates the analyst believes there is a potential downside of -8.2% from today’s opening price of 1590 GBX. Over the last 30 and 90 trading days the company share price has increased 261 points and decreased 123 points respectively. The 1 year high share price is 2362 GBX while the 52 week low is 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,419.34 GBX and the 200 Day Moving Average price is recorded at 1,887.28. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,717,319. Market capitalisation for LON:BRBY is £6,501,600,058 GBP.

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