Burberry Group plc 76.5% Potential Upside Indicated by Societe Generale

Broker Ratings
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Burberry Group plc with EPIC/TICKER (LON:BRBY) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Societe Generale. Burberry Group plc are listed in the Consumer Goods sector within UK Main Market. Societe Generale have set a target price of 2100 GBX on its stock. This would imply the analyst believes there is now a potential upside of 76.5% from the opening price of 1190 GBX. Over the last 30 and 90 trading days the company share price has decreased 816 points and decreased 996 points respectively. The 52 week high for the share price is currently at 2362 GBX while the year low stock price is currently 1139.5 GBX.

Burberry Group plc has a 50 day moving average of 1,944.57 GBX and a 200 day moving average of 2,067.63. There are currently 404,704,649 shares in issue with the average daily volume traded being 2,436,785. Market capitalisation for LON:BRBY is £4,698,620,974 GBP.

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