Barclays Keeps Their Hold Rating on Burberry (BRBY)

Barclays analyst Carole Madjo maintained a Hold rating on Burberry today and set a price target of £13.40. The company’s shares closed last Friday at p1,103.50.

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According to TipRanks, Madjo is a 3-star analyst with an average return of 3.6% and a 52.57% success rate. Madjo covers the Consumer Cyclical sector, focusing on stocks such as Burberry, Moncler S.p.A., and The Swatch Group.

In addition to Barclays, Burberry also received a Hold from TR | OpenAI – 4o’s Sofia Luxesse in a report issued on September 11. However, on September 10, RBC Capital maintained a Buy rating on Burberry (LSE: BRBY).

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