Burberry Share Discussion Threads

[philanderer] 20/4/2017 09:39

20th april Barclays overweight tp 1900p
20th april Deutsche hold tp 1600p
20th april Beaufort buy -
20th april Berenberg buy tp 1840p
20th april JP Morgan Caz neutral tp 1600p


reiterations

[philanderer] 20/4/2017 00:08

Bold call NYB , even the most bearish broker says 1350p.

Time will tell.

[ny boy] 19/4/2017 23:55

With the £ heading back to 13500 against the US$, these will slump back to 1000p, overseas tourists will not need to buy in London as the currency advantage fades.

[philanderer] 19/4/2017 14:15

Burberry shares fall despite sales boost as restructuring continues

[philanderer] 19/4/2017 13:38

RBC fundamental view – Sector Perform

Burberry's equity story is centred on increasing retail productivity and leveraging its digital edge to expand into e-commerce. Sterling weakness post UK referendum saved in recent quarter given uneven retail LFL performance and significant wholesale pressure but the sterling should turn into a tailwind in FY18. We see the UK luxury market slowing down in the second half of calendar 2017 and we continue to see better sales and earnings momentum elsewhere in our coverage. That said, Burberry shares seem supported by improving Chinese cluster trends for the sector, cost savings, share buybacks and senior management changes this year.

[philanderer] 19/4/2017 12:06

Hopefully around 1600p



"...Analysts at Liberum noted that despite the “strong” trading update, much of the number were flattered by favourable currency effects as the pound has slumped following last June’s Brexit vote.

“There is a small slowdown in Q4 retail life-for-like sales over Q3, of 2 per cent vs 3 per cent which may give the market pause for thought,” said at Tom Gadsby at Liberum.

[lightningbolt] 19/4/2017 11:04

bad news but must be looking pretty cheap now, where is the support?

[philanderer] 18/4/2017 09:28

18th april Soc Gen hold tp 1760p up from 1615p



and JP Morgan upgrades tp 'neutral' tp 1600p

[philanderer] 14/4/2017 08:08

Q4 trading update next wednesday

[philanderer] 13/4/2017 07:47

Designer fashion brand Burberry (BRBY) could benefit from the strong sales seen at market leader Louis Vuitton (LVMH), says Deutsche Bank.

Analyst Warwick Okines retained his ‘hold’ recommendation and increased the target price from £15.25 to £16.50 ahead of a second half sales update. The stock was trading up 0.7%, or 14p, at £17.82 at the time of writing.

‘Burberry reports its second half sales on 19 April. Market leader LVMH’s strong sales performance... increases the upside risk for Burberry’s sales and we raise our fourth quarter store sales expectation to +6%,’ he said.

Burberry will also benefit from a beauty deal with cosmetics company Coty and the fact that designer clothing is ‘back in fashion’. Main risks to the stock ‘on the upside and downside relate to currency movements and sales momentum’, he added.

[philanderer] 12/4/2017 21:42

LVMH's Results Suggest Luxury Peers Like Burberry May Be Putting Champagne On Ice For 2017

[philanderer] 12/4/2017 16:54

Deutsche increasing tp to 1650p from 1525p. ....hold

[lightningbolt] 07/4/2017 14:00

hopefully this is the start of a move upwards.

[philanderer] 06/4/2017 10:00

6th april Macquarie neutral tp 1750p up from 1400p

[philanderer] 04/4/2017 09:49

4th april Berenberg buy tp 1910p up from 1800p

[philanderer] 03/4/2017 10:07

3rd april RBC sector perform tp 1620p up from 1550p
3rd april UBS buy tp 1990p up from 1825p

[philanderer] 20/3/2017 13:23

Burberry boosts creative team with bags and shoes appointment from Dior

[philanderer] 20/3/2017 09:57

20th mar Bernstein market perform tp 1600p up from 1350p

[philanderer] 17/3/2017 23:02

'Burberry fights to fend off takeover: FTSE 100 fashion house under pressure to cut costs and ditch tired designs'


Read more:

[philanderer] 17/3/2017 13:24

Sydney airport defines 2017 retail strategy


Sydney airport aims to continue to deliver an integrated strategy within its retail offer in 2017 to drive growth across all terminals. The airport was pegged to open a new Gucci store in Q1 2017 within its dedicated fashion precinct in T1, where it introduced a range of luxury brands including Tiffany & Co. and Burberry. The fashion precinct has redefined the product offering to increase passenger spend.

[philanderer] 16/3/2017 09:44

Liberum keep banging out 'sell' and keep on raising their target price .. this time up from 1200p to 1350p :-)