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Burberry Group plc 2.6% Potential Upside Indicated by HSBC

Broker Ratings
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Burberry Group plc using EPIC/TICKER code (LON:BRBY) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at HSBC. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set a target price of 2000 GBX on its stock. This now indicates the analyst believes there is a possible upside of 2.6% from the opening price of 1950 GBX. Over the last 30 and 90 trading days the company share price has increased 192 points and increased 92 points respectively. The 1 year high for the stock price is 2338 GBX while the year low share price is currently 1526.5 GBX.

Burberry Group plc has a 50 day moving average of 1,834.95 GBX and a 200 day moving average of 1,979.14. There are currently 411,395,861 shares in issue with the average daily volume traded being 1,379,199. Market capitalisation for LON:BRBY is £8,003,706,475 GBP.

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