Burberry Group plc 38.9% Potential Decrease Indicated by UBS

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 ‘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 1001 GBX on its stock. This is indicating the analyst believes there is a potential downside of -38.9% from the opening price of 1637 GBX. Over the last 30 and 90 trading days the company share price has increased 257 points and increased 247 points respectively. The 1 year high stock price is 2362 GBX while the 52 week low for the share price is 1017 GBX.

Burberry Group plc has a 50 day moving average of 1,459.98 GBX and the 200 Day Moving Average price is recorded at 1,871.63. There are currently 404,705,886 shares in issue with the average daily volume traded being 1,591,352. Market capitalisation for LON:BRBY is £6,568,057,883 GBP.

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