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Burberry Group PLC (LON:BRBY) target price held steady at 1,900.00GBX, reported today by Barclays Capital

Yesterday Burberry Group PLC (LON:BRBY) traded -0.89% lower at 1,716.00GBX. The company’s 50-day moving average is 1,828.68GBX and its 200-day moving average is 1,740.78GBX. The last stock close price is down 8.28% from the 200-day moving average, compared to the S&P 500 which has increased 0.01% over the same time. 2,083,780 shares of the stock were exchanged, up from an average trading volume of 1,534,010

Burberry Group PLC (LON:BRBY) had its target price hold steady to 1,900.00GBX by Barclays Capital in a report released 5/22/2017. The new target price indicates a possible upside of 0.11% based on the company's last stock close price.

Previously on Friday May 19, 2017, Beaufort Securities reported about Burberry Group PLC (LON:BRBY) held steady the target price at 1,920.00GBX. At the time, this indicated a possible upside of 0.11%.

See Chart Below

Burberry Group PLC (LON:BRBY)

Burberry Group PLC has a 52 week low of 1,367.00GBX and a 52 week high of 1,952.00GBX with a P/E ratio of 29.04 The company’s market cap is currently 0 GBX.

In addition to Barclays Capital reporting its target price, a total of 29 firms have reported on the stock. The consensus target price is 1,290.43GBX with 2 firms rating the stock a strong buy, 5 firms rating the stock a buy, 20 firms rating the stock a hold, 3 firms rating the stock a underperform, and finally 1 firm rating the stock a sell.

About 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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