HSBC Reaffirms Their Buy Rating on Burberry (BRBY)
HSBC analyst Erwan Rambourg maintained a Buy rating on Burberry today and set a price target of £16.00. The company’s shares opened today at p1,253.00.
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According to TipRanks, Rambourg is a 4-star analyst with an average return of 7.4% and a 53.72% success rate. Rambourg covers the Consumer Cyclical sector, focusing on stocks such as Burberry, Hermes International, and LVMH Moet Hennessy Louis Vuitton.
Burberry has an analyst consensus of Moderate Buy, with a price target consensus of p1,291.58.
The company has a one-year high of p1,375.00 and a one-year low of p555.61. Currently, Burberry has an average volume of 1.61M.
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