BURBERRY GROUP ORD 0.05P with EPIC code (LON:BRBY) now have 18 analysts in total covering the company. The target price ranges between £22.70 and £16. with a mean TP of £19.15. Given that the previous closing share price was at £20.88 this now indicates there is a potential downside of -8.3%. The day 50 moving average is £20.49 and the 200 moving average now moves to £18.47. The company has a market capitalisation of £9b. Visit the company website 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.
