Burberry Group plc 30.2% Potential Upside Indicated by Credit Suisse

Broker Ratings
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Burberry Group plc using EPIC/TICKER code (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OUTPERFORM’ this morning by analysts at Credit Suisse. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Credit Suisse have set their target price at 2600 GBX on its stock. This indicates the analyst now believes there is a potential upside of 30.2% from the opening price of 1997.5 GBX. Over the last 30 and 90 trading days the company share price has decreased 244.5 points and decreased 52.5 points respectively. The 52 week high share price is 2362 GBX while the year low share price is currently 1678 GBX.

Burberry Group plc has a 50 day moving average of 2,163.53 GBX and a 200 Day Moving Average share price is recorded at 2,081.06. There are currently 404,669,662 shares in issue with the average daily volume traded being 1,601,762. Market capitalisation for LON:BRBY is £8,081,253,150 GBP.

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