Burberry Group plc 10.1% Potential Upside Indicated by Berenberg

Broker Ratings
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Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Berenberg. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set a target price of 1920 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 10.1% from today’s opening price of 1743.5 GBX. Over the last 30 and 90 trading days the company share price has increased 16.5 points and decreased 22 points respectively. The 52 week high for the stock is 2338 GBX while the 52 week low for the share price is 1481.5 GBX.

Burberry Group plc has a 50 day moving average of 1,794.79 GBX and a 200 day moving average of 1,968.37. There are currently 1,393,439,716 shares in issue with the average daily volume traded being 1,602,967. Market capitalisation for LON:BRBY is £7,166,322,693 GBP.

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