Burberry Group (BRBY) Downgraded to “Hold” at Berenberg Bank – PressOracle
Berenberg Bank currently has GBX 1,920 ($25.09) price objective on the stock, down from their prior price objective of GBX 2,270 ($29.66). Kepler Capital Markets raised Burberry Group to a hold rating and decreased their target price for the stock from GBX 1,870 ($24.43) to GBX 1,780 ($23.26) in a research report on Friday, November 23rd. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and four have assigned a buy rating to the company. Shares of Burberry Group stock traded up GBX 9.50 ($0.12) during midday trading on Thursday, hitting GBX 1,751.50 ($22.89).