Burberry Group reiterated as Hold By Jefferies
In an analyst rating update on Wednesday shares of Burberry Group (LON:BRBY) had their rating reiterated by analysts at Jefferies.
The broker said it has now set a ‘Hold’ rating on shares of Burberry Group with a price target of 1290. The price target according to the broker shows a possible decrease of -11.76% from the current stock price of 1462.
The companies 50 day moving average is 1372.65 and its 200 day moving average is 1254.83. The 52 week high Burberry Group’s shares have peaked at is 1545 whilst the 52 week low for the company’s shares is 1039.
Burberry Group has 441,937,000 shares which are currently outstanding with a price of 1462 calculating Burberry Group’s market capitalisation to 6.46B GBp .
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