Tag: Burberry
Burberry: Stifel lowers its price target
(CercleFinance.com) – While maintaining its ‘hold’ advice on Burberry, Stifel lowers its price target from 1,400 pence to 1,300 pence, in the wake of an 8% reduction in its 2024-25…
Burberry plunges on the stock market after its new profit warning
Published on 01/12/2024 at 11:31 a.m. Photo credit © Reuters LONDON (Reuters) – British luxury fashion brand…
Burberry: UBS lowers its price target
(CercleFinance.com) – The analysis office confirms its advice to sell on the stock with a price target lowered to 1099 pence (compared to 1380 pence) which represents a potential decline…
Burberry issues profit warning as demand for luxury goods falters – 01/12/2024 at 6:34 p.m.
(Corrects headline and paragraph 2 to reflect this is an earnings warning and not a second warning as the November statement was a downward revision) * The company issued a…
Burberry: penalized by a broker downgrade
(CercleFinance.com) – Burberry loses more than 2% in London, against the backdrop of a downgrade of recommendation at Stifel from ‘buy’ to ‘hold’, with a price target reduced from 1950…
Burberry: price target lowered at Oddo BHF
(CercleFinance.com) – Oddo BHF reaffirms its ‘underperform’ opinion on Burberry, with a price target lowered from 1722 pence to 1500 pence, in the wake of a further significant downward revision…
Burberry: an analyst lowers his forecasts
(CercleFinance.com) – Oddo BHF estimates that growth in the 2nd quarter should decelerate a little more visibly. ‘Growth should remain clearly positive in Q2 in Asia Pacific but slow significantly…
Burberry: An analyst lowers his forecasts
(CercleFinance.com) – Oddo BHF estimates that growth in the 2nd quarter should decelerate a little more visibly. ‘Growth should remain clearly positive in Q2 in Asia Pacific but slow significantly…
Burberry: Stifel stays buy, revises its target
(CercleFinance.com) – Stifel reaffirms its ‘buy’ recommendation on Burberry with a price target revised to 2,500 pence, following the activity point of the British high-end clothing house for its first…
Burberry: 18% increase in sales in the 1st quarter
(CercleFinance.com) – Comparable store sales in the 1st quarter of the 2023-24 financial year increased by 18% to 589 million pounds sterling. The increase is +11% for sales outside mainland…
Burberry: Up slightly with broker comments
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Burberry: Stifel stays buy despite lowered target
(CercleFinance.com) – Stifel reaffirms its ‘buy’ recommendation on Burberry, considering that “the recent weakness in the stock market price offers a good entry point” on the file, while lowering its…