Telsey Advisory Keeps Their Hold Rating on Burberry (BRBY)
Telsey Advisory analyst Dana Telsey maintained a Hold rating on Burberry today and set a price target of £14.00.
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According to TipRanks, Telsey is a 3-star analyst with an average return of 1.6% and a 40.94% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Birkenstock Holding plc, Victoria’s Secret, and Ralph Lauren.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Burberry with a p1,342.78 average price target.
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
