Burberry Group 25.6% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Burberry Group using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ today by analysts at Credit Suisse. Burberry Group are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set a target price of 2700 GBX on its stock. This is indicating the analyst believes there is a potential upside of 25.6% from today’s opening price of 2150 GBX. Over the last 30 and 90 trading days the company share price has increased 215 points and increased 38 points respectively. The 52 week high for the stock is 2362 GBX while the 52 week low for the share price is 1618.5 GBX.

Burberry Group has a 50 day moving average of 2,098.97 GBX and the 200 Day Moving Average price is recorded at 2,018.87. There are currently 409,182,940 shares in issue with the average daily volume traded being 1,700,859. Market capitalisation for LON:BRBY is £8,768,790,404 GBP.

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