Burberry Group plc 16.3% Potential Decrease Indicated by UBS

Broker Ratings
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Burberry Group plc with EPIC/TICKER (LON:BRBY) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘SELL’ this morning by analysts at UBS. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. UBS have set their target price at 1415 GBX on its stock. This indicates the analyst believes there is a potential downside of -16.3% from today’s opening price of 1690 GBX. Over the last 30 and 90 trading days the company share price has decreased 320 points and decreased 407 points respectively. The 52 week high for the stock is 2362 GBX while the 52 week low for the stock is 1676.5 GBX.

Burberry Group plc has a 50 day moving average of 2,120.62 GBX and a 200 day moving average of 2,083.65. There are currently 25,040,919 shares in issue with the average daily volume traded being 1,929,023. Market capitalisation for LON:BRBY is £6,800,473,669 GBP.

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