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UBS Reaffirms Their Buy Rating on Burberry (BRBY)

Tipranks - Tipranks - Sat Jan 17, 11:28AM CST

UBS analyst Zuzanna Pusz reiterated a Buy rating on Burberry today and set a price target of p1,570.00.

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Pusz covers the Consumer Cyclical sector, focusing on stocks such as Ferrari, Burberry, and Compagnie Financiere Richemont SA. According to TipRanks, Pusz has an average return of 6.8% and a 58.42% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Burberry with a p1,378.75 average price target.

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Based on Burberry’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of p1.03 billion and a GAAP net loss of p26 million. In comparison, last year the company earned a revenue of p1.09 billion and had a GAAP net loss of p74 million

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