Burberry Group plc 29.7% 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 ‘Reiterates’ 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 a target price of 959 GBX on its stock. This would indicate that the analyst believes there is a downside of -29.7% from today’s opening price of 1365 GBX. Over the last 30 and 90 trading days the company share price has decreased 72 points and decreased 654 points respectively. The 1 year high for the stock price is 2362 GBX while the 52 week low is 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,405.79 GBX and the 200 Day Moving Average price is recorded at 1,939.47. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,717,689. Market capitalisation for LON:BRBY is £5,486,000,715 GBP.

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