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Burberry Group plc 8.3% Potential Decrease Indicated by Deutsche Bank

Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ today by analysts at Deutsche Bank. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 1725 GBX on its stock. This indicates the analyst believes there is a potential downside of -8.3% from today’s opening price of 1880.5 GBX. Over the last 30 and 90 trading days the company share price has increased 155 points and increased 319 points respectively. The 52 week high for the stock is 2024 GBX while the 52 week low for the stock is 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 1,744.65 GBX and a 200 Day Moving Average share price is recorded at 1,750.89. There are currently 403,836,724 shares in issue with the average daily volume traded being 2,648,816. Market capitalisation for LON:BRBY is £7,783,952,855 GBP.