Published On: Wed, Oct 19th, 2016

JP Morgan Indicates Potential -0.82% Decrease In Shares Of Burberry Group PLC


On Wednesday JP Morgan reiterated its broker consensus on shares of Burberry Group PLC (LON:BRBY) giving the company a ‘Neutral’ rating.

JP Morgan gave shares of Burberry Group PLC a price target of 1450 indicating a potential decrease of -0.82% from Burberry Group PLC’s current price of 1462.

LON:BRBY


In the prior 12 months Burberry Group PLC’s stock price has increased by 19.48% from 1223.65 to 1462.

Burberry Group PLC has 441,937,000 shares in issue which have a share price of 1462 giving Burberry Group PLC a market capitalisation of 6.46B GBp .

The 52 week high of Burberry Group PLC’s shares is 1545 whilst the 52 week low for the company‚Äôs shares is 1039. The 50 day moving average of LON:BRBY is 1372.65 and the 200 day moving average is 1254.83.