Burberry Share Discussion Threads

[philanderer] 02/10/2017 17:43:20

2nd oct HSBC reduce tp 1680p up from 1580p

[philanderer] 27/9/2017 14:40:32

Deutsche reiterates HOLD...target 1775p up from 1650p

[philanderer] 20/9/2017 14:03:55

Morgan Stanley 'equal weight'. Tp 1748p. up from 1495p

[lightningbolt] 19/9/2017 10:12:53

looks like we're testing £18 again.

[lightningbolt] 14/9/2017 08:54:31

I wonder if that belgian guy will add to his stake, burberry are doing a good job supporting the price at this level, regular buys still going through.

[philanderer] 11/9/2017 09:25:37

;-)

11th sept Bryan Garnier sell -

reiterates

[philanderer] 08/9/2017 10:40:16

Credit Suisse ups Burberry to 'outperform', expresses confidence in new management


(ShareCast News) - Luxury fashion brand Burberry got a boost as Credit Suisse upped its rating on the stock to 'outperform' from 'neutral' and lifted the price target to 2,000p from 1,650, saying it was its "preferred brand turnaround story".
The bank said that having been negative on the stock for most of the last 2.5 years due to brand fatigue, growth slowdown and margin pressure, it now reckons new management can successfully execute a brand turnaround strategy over the next two years.

CS pointed out that Burberry's management team has lacked people with strong retail expertise since Angela Ahrendts left in 2014. But bringing in Marco Gobbetti - who spent 12 years art industry leader LVMH and 25 years as CEO of luxury brands - should help fill that gap.

The bank said newness and accessories will be key to reviving growth and it expects these to be the focus at the first-half results in November.

"Given its heritage with more than 50% of group sales from apparel, Burberry is well placed to capitalise on the need for newness in luxury," CS said, adding that having Christopher Bailey back full time on design should boost growth of the seasonal collections.

Credit Suisse said it expects margins to rebound by 250 basis points over FY18-20, helped by improving like-for-like sales and greater confidence about the company's plan of at least £100m annualised cost savings by FY19.

"Coupled with share buybacks, we model +10% earnings per share growth per annum over FY17-20e rising to mid-teens over FY18-20e."

[3rd eye] 08/9/2017 10:30:51

BRBY Burberry , bullish top triangle formed. Luxury goods tend to be of Inelastic Demand, eg, does Victoria Beckham care about the cost of Living.😯 not a chance.
Forward P/E of 19.6 historically very cheap. Interims Nov 10th.



Burberry Group director deals

Date Director Type Volume / price Trade value
09 Aug 17 Carolyn McCall Buy 40 @ 1784.97 £713.99
09 Aug 17 Ian Carter Buy 581 @ 1784.97 £10,370.68
09 Aug 17 Christoper Bailey Buy 8,784 @ 1784.97 £156,791.76

[lightningbolt] 08/9/2017 10:24:48

are we going to blast past the £18 level? - time will tell, looks good tho.

[philanderer] 05/9/2017 21:01:48

After AVEVA’s £3bn merger with Schneider, which other UK companies could be subject to a bid from abroad?


'Will Coach improve last year’s offer for Burberry?'

First up is luxury fashion house Burberry PLC (LON:BRBY) which reportedly fended off an unwanted approach from US handbag maker Coach Inc (NYSE:COH) late last year.

AJ Bell’s investment director Russ Mould isn’t ruling out Coach, or another firm, returning with an improved offer, although he does think the shares aren’t as cheap as they used to be.

READ: Burberry in vogue as Belgium’s richest man takes a stake
“A bid offer would be no surprise in some ways, given Burberry’s iconic brand, fat profit margins and the wave of consolidation which continues to sweep the luxury goods industry,” explains Mould.

“However, the shares have advanced strongly this year and shareholders are probably going to be willing to give new chief executive Marco Gobbetti some time to stamp his authority on the company.”

proactiveinvestors.co.uk

[philanderer] 04/9/2017 14:18:18

Burberry has bagged this four-storey shop on Sloane Street in Knightsbridge

[philanderer] 04/9/2017 09:39:29

4th sept Soc Gen 'hold' tp 1890p up from 1715p

[lightningbolt] 04/9/2017 08:31:15

if we can push past this level then i'm confident we can start making new highs.

[lightningbolt] 31/8/2017 09:33:44

just topped up - looks like we're going to test £18 again.

[philanderer] 30/8/2017 08:40:34

Burberry recruits Glenda Jackson to model the iconic trench and reveals the inspiration for its next London Fashion Week show

[philanderer] 22/8/2017 15:17:28

Having a run at that 1800p since the US opened.

[lightningbolt] 22/8/2017 08:13:08

burberry keep buying - long may it continue, too much buying power for this share not to rise!

[philanderer] 20/8/2017 20:47:18

'Perfumes and cosmetics giant Coty expected to fall £95.2million into the red this week'


.......In April it took control of Burberry’s fragrances and cosmetics business in a deal valued at £180million.

The agreement will see Coty produce and distribute Burberry-branded fragrances under a £130million licensing agreement for at least 10 years.

The deal also saw Coty buy £50million of stock from Burberry.

[philanderer] 18/8/2017 20:20:26

The Enduring Appeal Of Thomas Burberry's Iconic Check

[philanderer] 08/8/2017 09:10:44

Bailey flogging a shedload - no imminent takeover then ;-)

[philanderer] 04/8/2017 13:45:56

A nice dividend paid into the account this morning :-)