Burberry Share Discussion Threads

[philanderer] 14/10/2016 11:44

Burberry Group plc (LON:BRBY) had its target price lifted by equities researchers at Haitong Bank from GBX 1,265 ($15.66) to GBX 1,400 ($17.33) in a research report issued on Friday. The brokerage currently has a “neutral”; rating on the stock.

[philanderer] 14/10/2016 09:50

This fella seems to be flavour of the month. My best one for ages :-)

edit:

China's inflation stepped up in September, with prices rising more than expected for both consumers and producers in a surprising signal of economic strength.

Consumer prices rose 1.9 percent on-year in September, while producer prices surprised by rising 0.1 percent on-year, the first increase since 2012.

Burberry Group shares were also buoyed by the Chinese data, rising 2.1%. The luxury-goods maker takes in more than 14% of its revenue from mainland China, according to FactSet.

[philanderer] 13/10/2016 09:20

Berenberg initiating coverage today with 'buy' and 1725p target

[philanderer] 12/10/2016 12:20

UBS increasing tp from 1650p to 1800p , retain 'buy'

[philanderer] 11/10/2016 21:17

Market Report: Burberry soars to 14-month on strong currency tailwinds
Luxury fashion house Burberry surged to a 14-month high after Deutsche Bank said it should enjoy £120m of currency benefits for the current financial year.

The post-Brexit pound slide has widened the gap between prices in the UK and other markets. However, unlike some other luxury brands like Louis Vuitton, Burberry has not increased prices in the UK since Brexit, which Deutsche Bank says reflects “a lesser need to support profits”.

Ahead of next week’s second quarter results, analysts at Deutsche Bank now expect store sales growth for the first time in over a year, buoyed by the strong currency tailwinds. With shares trading 32pc higher since the Brexit-vote, the bank raised its target price from £13.50 to £14.75. Shares climbed 37p, or 2.5pc, to £15.16.

[philanderer] 11/10/2016 20:49

Burberry climbs on LVMH’s sector boost

[philanderer] 11/10/2016 16:43

Afternoon tongosti,

yep we`re doing well with this one...... good read across from those LVMH numbers today :-)

[tongosti] 11/10/2016 09:45

Morning Phil - Goes to show that prices recover way before improvements show in the business itself. Happy went long before £13 level. Moved stop to entry level and took 20% of profits last week. Currently playing with the house's money and looking to add further to my position if uptrend continues.

[philanderer] 07/10/2016 09:52

Strong second quarter expected at Burberry

Burberry (BRBY) is expected to report decent second quarter results but there are still challenges for the designer brand.

Jefferies analyst Charmain Yap retained her ‘hold’ recommendation and target price of £12.90 on the shares, which edged 3p lower to £14.33 yesterday.

‘We expect Burberry to report a solid second quarter update where we forecast 3% comparable stores sales growth, as we annualise four quarters of weak top line delivery,’ she said.

‘Beyond near-term foreign exchange tailwinds, the challenge for the group to sustain digital leadership and drive brand heat while managing costs in a low-growth environment remains.’

She added that Burberry had outperformed with the shares up c.30% since the EU referendum ‘not inconsistent with Burberry’s near-term foreign exchange benefit and strong balance sheet’.

[philanderer] 05/10/2016 13:54

Cheapest pound in 31 years lures Chinese shoppers in their droves to Britain

[philanderer] 30/9/2016 07:47

Upgraded by RBC to Sector Perform and 1400p target

[philanderer] 27/9/2016 12:23

Goldmans retain neutral , increases tp to 1480p

[philanderer] 21/9/2016 14:08

Credit Suisse not impressed..

Underperform and tp 1150p

Reiteration

[philanderer] 20/9/2016 13:48

Runway to Retail well received...

[timberwolfequity] 15/9/2016 20:13

I have written an analysis on Burberry, which can be found here.

[philanderer] 14/9/2016 20:47

"...On the other side, negative read across from Hermes caused shares in Burberry to falter, down 27p to £12.47. The French luxury goods maker said it would no longer provide an annual sales growth forecast starting next year due to the increasingly uncertain trading environment."

[philanderer] 14/9/2016 13:33

BE
Burberry sliding on the back of this rather cautious update from Hermes.

Burberry Group PLC (BRBY:LSE): Last: 1,259, down 15 (-1.18%), High: 1,274, Low: 1,239, Volume: 868.17k
BE
Hermes H1 fine, though mostly pre-announced in July.
BE
2016 guidance maintained but medium term targets abandoned.
BE
Having been steadily downgraded over the past couple of years. Went from 10% in 2014 to 8% in 2015, then “below 8%” earlier this year.
BE
Now, Hermes is already on 36 times 2016 so is a bit of an outlier for the sector.
BE
(Sector’s on 20x on average.)
BE
Mostly on the idea that having a brand that appeals to CEOs and a reliance on leather stuff makes you less vulnerable to the vagaries of fashion.
BE
That thesis might we weakening a bit.

[philanderer] 14/9/2016 09:08

Top FTSE100 faller for the umpteenth time.

[philanderer] 14/9/2016 08:49

FFS... so what is it today ?

[philanderer] 09/9/2016 10:27

(ShareCast News) - Luxury retailer Burberry was under pressure on Friday after Goldman Sachs removed the stock from its Sustain Focus List, highlighting the company's subdued outlook.

[philanderer] 09/9/2016 09:40

(Open): British designer Burberry was the biggest faller on the FTSE 100 at the start of trading as the blue chip index edged down.

Burberry fell 2.6% following a note from analysts at Goldman Sachs about the company's subdued outlook.