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Berenberg announced Burberry Group PLC (LON:BRBY), holding steady its target price at 1,900.00GBX today

Burberry Group PLC (LON:BRBY) had its target hold steady to 1,900.00GBX by Berenberg in a report issued Thursday October 12, 2017. The updated stock price target implies a potential upside of 0.03% from the company's last closing price.

Previously on 10/5/2017, Barclays Capital released a statement about Burberry Group PLC (LON:BRBY) held steady the target price at 1,900.00GBX that suggested an upside of 0.06%.

Having a price of 1,845.00GBX, Burberry Group PLC (LON:BRBY) traded 2.27% higher on the day. The last stock close price is up 9.55% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the date range. Burberry Group PLC has recorded a 50-day average of 1,779.49GBX and a two hundred day average of 1,724.35GBX. Trading volume was down over the average, with 242,064 shares of BRBY changing hands under the typical 1,605,440

Recent Performance Chart

Burberry Group PLC (LON:BRBY)

Burberry Group PLC has a price-earnings ratio of 29.11 with a one year low of 1,360.00GBX and a 52 week high of 1,908.00GBX The company’s market cap is currently 0 GBX.

A total of 29 equity analysts have issued a ratings update on the company. 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 20 brokers rating the stock a hold, 3 equity analysts rating the company a underperform, and finally one equity analyst rating the company a sell with a 12-month price target of 1,290.43GBX.

General Company Details For Burberry Group PLC (LON:BRBY)

Burberry Group plc is a manufacturer, wholesaler and retailer of luxury goods. The Company also licenses third parties to manufacture and distribute products using the Burberry trademarks. The Company's segments include retail/wholesale and licensing. The Retail/wholesale segment is engaged in the sale of luxury goods through Burberry mainline stores, concessions, outlets and digital commerce, as well as Burberry franchisees, prestige department stores globally and multi-brand specialty accounts. The Licensing segment is engaged in the receipt of royalties from the Company's partners in Japan and global licensees of eyewear, timepieces and European childrenswear. The Company's product divisions are Womens, Mens and Childrens apparel, Accessories, and Beauty (which includes fragrance and make-up). Its subsidiaries include Burberry Latin America Holdings, S.L, Burberry (Suisse) SA, Burberry (Taiwan) Co Ltd, Burberry (Thailand) Limited and Burberry FZ-LLC.

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