BURBERRY GROUP ORD 0.05P – Consensus Indicates Potential -12.3% Downside

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BURBERRY GROUP ORD 0.05P with EPIC code (LON:BRBY) have now 18 analysts covering the company. The range between the high target price and low target price is between £22.70 and £16. so the average target price would be £19.15. Given that the previous closing share price was at £21.83 this would imply there is a potential downside of -12.3%. The 50 day moving average now sits at £19.32 and the 200 day moving average is £17.32. The market capitalisation for the company is £9b. Find out more information at: http://www.burberry.com

Burberry Group , together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks. It markets its products through Burberry mainline stores, concessions, outlets, digital commerce, Burberry franchisees, department stores, and multi-brand specialty accounts. As of March 28, 2020, the company operated 218 mainline stores, 149 concession stores, 54 outlets, and 44 franchise stores. It operates in the Asia Pacific, Europe, the Middle East, India, Africa, and the Americas. Burberry Group was founded in 1856 and is headquartered in London, the United Kingdom.

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