Burberry (BRBY) Gets a Buy from UBS
UBS analyst Zuzanna Pusz reiterated a Buy rating on Burberry today and set a price target of p1,575.00.
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Pusz covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Hermes International, and Burberry. According to TipRanks, Pusz has an average return of 6.9% and a 57.79% success rate on recommended stocks.
Currently, the analyst consensus on Burberry is a Moderate Buy with an average price target of p1,335.63.
Based on Burberry’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of p1.38 billion and a GAAP net loss of p1 million. In comparison, last year the company earned a revenue of p1.57 billion and had a net profit of p112 million
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