UBS Sticks to Their Buy Rating for Burberry (BRBY)
UBS analyst Zuzanna Pusz maintained a Buy rating on Burberry today and set a price target of p1,575.00.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
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 6.8% and a 56.51% success rate on recommended stocks.
In addition to UBS, Burberry also received a Buy from Citi’s Thomas Chauvet in a report issued on November 19. However, on the same day, Barclays maintained a Hold 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
Read More on GB:BRBY:
Disclaimer & DisclosureReport an Issue
- Burberry price target lowered to 1,570 GBp from 1,600 GBp at Citi
- Burberry price target raised to 1,550 GBp from 1,500 GBp at Deutsche Bank
- Cautious Outlook for Burberry Amid Stable Trading and Strategic Optimism
- Burberry’s Strategic Turnaround Shows Early Signs of Success
- Burberry Updates Share Capital and Voting Rights
