Bernstein Keeps Their Buy Rating on Burberry (BRBY)
In a report released yesterday, Luca Solca from Bernstein maintained a Buy rating on Burberry, with a price target of p1,350.00. The company’s shares opened today at p1,075.50.
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According to TipRanks, Solca is a 4-star analyst with an average return of 8.4% and a 58.01% success rate. Solca covers the Consumer Cyclical sector, focusing on stocks such as Hermes International, EssilorLuxottica SA, and LVMH Moet Hennessy Louis Vuitton.
In addition to Bernstein, Burberry also received a Buy from RBC Capital’s Piral Dadhania in a report issued on September 10. However, yesterday, Barclays maintained a Hold rating on Burberry (LSE: BRBY).
BRBY market cap is currently £3.84B and has a P/E ratio of -51.07.
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