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BRBY Burberry Group Plc

1,137.00
2.50 (0.22%)
Last Updated: 08:49:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Burberry Group Plc LSE:BRBY London Ordinary Share GB0031743007 ORD 0.05P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  2.50 0.22% 1,137.00 1,138.00 1,139.00 1,141.50 1,132.50 1,136.50 56,039 08:49:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Misc Apparel,accesory Stores 3.09B 490M 1.3394 8.49 4.16B
Burberry Group Plc is listed in the Misc Apparel,accesory Stores sector of the London Stock Exchange with ticker BRBY. The last closing price for Burberry was 1,134.50p. Over the last year, Burberry shares have traded in a share price range of 1,103.50p to 2,656.00p.

Burberry currently has 365,842,456 shares in issue. The market capitalisation of Burberry is £4.16 billion. Burberry has a price to earnings ratio (PE ratio) of 8.49.

Burberry Share Discussion Threads

Showing 1901 to 1922 of 2075 messages
Chat Pages: 83  82  81  80  79  78  77  76  75  74  73  72  Older
DateSubjectAuthorDiscuss
12/10/2017
13:27
Burberry rallies as Mirabaud ups rating, Deutsche bumps up price target


(ShareCast News)

- Luxury retailer Burberry racked up healthy gains on Thursday following a rating upgrade from Mirabaud Securities and as Deutsche Bank lifted its price target on the stock.

Mirabaud upped the stock to 'buy' from 'hold', saying it expects sales growth to come through more forcefully in FY18/19, generating significant margin uplift. It noted that Burberry's performance over the past few years has been poor, with weak sales growth and steadily declining underlying profitability, most likely due to residual legacy issues and a lack of strategic focus.

"With the former largely resolved, and strategic mistakes in the process of being rectified, we see light at the end of the tunnel. Indeed, we expect the group to emerge from this process with a clean structure and a platform that is finally fit for sustaining long-term growth.

"Overlaying this, we believe that new management will succeed in expanding the brand's customer base thanks to more aggressively designed collections, and a strengthened leather goods offer."

Mirabaud said Burberry's recent runway show, which has brought back the iconic check pattern to the forefront of its collections, will kickstart improved brand heat, helping the group to attract a younger, broader clientele.

Meanwhile, Deutsche Bank bumped up its price target on the hold-rated stock to 1,800p from 1,775p as it upgraded its earnings per share estimates on the back of recent sterling weakness.

philanderer
12/10/2017
09:35
12th oct Deutsche hold tp 1800p up from 1775p
12th oct Berenberg buy tp 1900p

philanderer
10/10/2017
18:27
European luxury stocks stoked by LVMH results
philanderer
06/10/2017
14:09
'The smell of success? Coty and Burberry licensing deal'
philanderer
05/10/2017
09:53
5th oct Barclays overweight tp 1900p

reiterates

philanderer
03/10/2017
18:24
'Coty Commences Partnership With Burberry'

3rd October 2017

International beauty giant Coty announced yesterday that it has completed the acquisition of the global license rights for Burberry Beauty fragrances, cosmetics and skincare.

The two firms announced the agreement back in May with Coty paying £130m for the licence lasting at least ten years.

The deal sees Coty take overall responsibility for the strategic direction of Burberry’s portfolio development, leveraging its capabilities in beauty strategy, innovation, supply chain and go-to-market. Meanwhile, Burberry will continue to lead on the creative elements of the business.

Burberry beauty products will be sold in luxury beauty retailers globally as well as in Burberry stores and digital channels.

philanderer
03/10/2017
09:14
3rd oct RBC underperform tp 1600p up from 1550p
philanderer
02/10/2017
17:43
2nd oct HSBC reduce tp 1680p up from 1580p
philanderer
27/9/2017
14:40
Deutsche reiterates HOLD...target 1775p up from 1650p
philanderer
20/9/2017
14:03
Morgan Stanley 'equal weight'. Tp 1748p. up from 1495p
philanderer
19/9/2017
10:12
looks like we're testing £18 again.
lightningbolt
14/9/2017
08:54
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.
lightningbolt
11/9/2017
09:25
;-)

11th sept Bryan Garnier sell -

reiterates

philanderer
08/9/2017
10:40
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."

philanderer
08/9/2017
10:30
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

3rd eye
08/9/2017
10:24
are we going to blast past the £18 level? - time will tell, looks good tho.
lightningbolt
05/9/2017
21:01
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
Burberry has bagged this four-storey shop on Sloane Street in Knightsbridge
philanderer
04/9/2017
09:39
4th sept Soc Gen 'hold' tp 1890p up from 1715p
philanderer
04/9/2017
08:31
if we can push past this level then i'm confident we can start making new highs.
lightningbolt
31/8/2017
09:33
just topped up - looks like we're going to test £18 again.
lightningbolt
30/8/2017
08:40
Burberry recruits Glenda Jackson to model the iconic trench and reveals the inspiration for its next London Fashion Week show
philanderer
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