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Telsey Advisory Reaffirms Their Hold Rating on Burberry (BRBY)

Tipranks - Tipranks - Tue Jan 20, 2:40AM CST

In a report released on January 16, Dana Telsey from Telsey Advisory maintained a Hold rating on Burberry, with a price target of £14.00.

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Telsey covers the Consumer Cyclical sector, focusing on stocks such as Gap Inc, Steven Madden, and Urban Outfitters. According to TipRanks, Telsey has an average return of 2.2% and a 42.19% success rate on recommended stocks.

Currently, the analyst consensus on Burberry is a Moderate Buy with an average price target of p1,378.75.

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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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