7.98% at Target, Berenberg Bank reiterates "Buy" rating on Burberry Group shares (LON: BRBY) today



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July 12, 2018 – By Lisa Delgado

<img src = "https://teletechwire.com/wp-content/uploads/logos/Logos/BRBY_L.png" alt = "Logo of Burberry Group (LON: BRBY) Logo "title =" Logo of Burberry Group (LON: BRBY) Logo "style =" float: left; Burberry Group (LON: BRBY) Notation Reaffirmed

London: In an Analyst's Report revealed to investors and customers on Thursday morning, Berenberg Bank has maintained its "Buy" rating on The shares of Burberry Group (LON: BRBY) now have a target price of GBX 2220.00 on L & # 39. Berenberg Bank's target indicates a upside potential of 7.98% over the previous closing of the company .: BRBY) Rating Coverage

Among the 15 badysts covering the Burberry Group (LON: BRBY) , 6 have Buy, 3 Sell and Hold 6 ratings. Therefore, 40% are positive, Burberry Group has GBX 2395 higher and GBX 1550 lower. The average goal of 1892 .47 is -7.95% under GBX 2056 share price The Burberry Group has recorded 36 badyst reports since January 16, 2018 according to SRatingsIntel The title of Burberry Group plc (LON: BRBY) has obtained Kepler Cheuvreux's "Hold" note on Friday 9 February. As of Wednesday, March 28, the company's rating has been improved by Goldman Sachs. The Burberry Group plc stock (LON: BRBY) was rated "Outperformance" by Credit Suisse on Friday, May 4th. Barclays Capital maintained the Burberry Group plc rating (LON: BRBY) on Wednesday, January 17th. Barclays Capital has an overweight rating and GBX 1800 target. The company was held on Tuesday, June 12 by Berenberg. Wednesday, July 11, Kepler Cheuvreux lowered the rating of the action to "Reduce". The company was held on Wednesday, April 18 by Berenberg. The firm received the "Outperformance" rating on Thursday, March 1 by Credit Suisse. The company was held on Monday, March 5th by JP Morgan. The title of Burberry Group plc (LON: BRBY) was rated "Neutral" on Friday, June 22 by UBS

The stock rose 1.98% or GBX 40 during the last trading session, reaching GBX 2056. About 1.83 million traded securities. Burberry Group plc (LON: BRBY) has 0.00% since July 13, 2017 and is. It underperformed the S & P500 by 12.57%.

Burberry Group plc, with its subsidiaries, designs, develops, manufactures and sells luxury products under the Burberry brand for men, women and children. The company has a market capitalization of £ 8.52 billion. The company operates in two divisions, retail and wholesale and licenses. It has a 30.06 P / E ratio. It offers products in the clothing categories; accessories, such as women's handbags and small leather goods;

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