Monday broker round-up
13th Aug 2018 13:25
(Sharecast News) - Clarkson: Liberum upgrades to buy with a target price of 3,200p.
Read moreBerenberg points out upside from Burberry Group's rebranding
13th Aug 2018 12:51
(Sharecast News) - Analysts at Berenberg marked-up their target price for shares of Burberry, on the back of changes to their foreign exchange assumptions, from 2,220p to 2,350p.
Read moreWednesday broker round-up
8th Feb 2017 11:50
(ShareCast News) - RBS: Deutsche Bank upgrades to hold with a target price of 220p. DCC: JP Morgan reiterates overweight, 8160p target. Rolls Royce: JP Morgan reiterates neutral with a 740p target. Ascential: Deutsche Bank stays at buy with a 300p target. Aberdeen Asset Management: RBC upgrades t
Read moreThursday broker round-up
19th Jan 2017 16:45
(ShareCast News) - G4S: Barclays upgrades to equal-weight with a target price of 260p. Weir: Credit Suisse reiterates outperform, 2200p target. Coca Cola HBC: Goldman Sachs upgrades to buy with a 2120p target. Diageo: HSBC reiterates buy with a 2600p target. Aveva: Goldman Sachs reiterates sell w
Read moreBurberry bounces back as Asian retail returns to growth
18th Jan 2017 07:02
(ShareCast News) - Boosted by a return to growth for the Asia Pacific region but with the Americas still in decline, Burberry grew underlying retail sales 4% in the third quarter. In the three months ending December, the fashion retailer made revenues of £735m that were 22% higher than the same peri
Read moreWednesday preview: Burberry reports third quarter trading update
17th Jan 2017 13:18
(ShareCast News) - Burberry is expected to report growth in like-for-like retail sales in its third quarter trading update on Wednesday, supported by tourism spending in the UK. The luxury fashion brand will report retail sales only and the focus will be on like-for-like trends. UBS expects a 1% in
Read moreBurberry's new CEO Gobbetti to join on 27 January
16th Jan 2017 07:27
(ShareCast News) - Burberry has confirmed that new chief executive Marco Gobbetti will join the fashion retailer at the end of this month, sending its shares to an 18-month high. Joining from LVMH's luxury brand Céline on 27 January, Gobetti will initially be given the role as executive chairman of
Read moreBurberry replaces COO and CFO
13th Jan 2017 09:04
(ShareCast News) - British fashion brand Burberry has confirmed that Julie Brown will be taking on the role of chief operating and financial officer on 18 January 2017. She will be taking over from the current COO John Smith, who will remain on the board until his departure from the company later
Read moreWednesday broker round-up
11th Jan 2017 13:32
(ShareCast News) - Burberry: Barclays upgrades to Overweight and lifts target price from 1450p to 1760p. AstraZeneca: UBS maintains Buy, keeps target price of 5,000p. Spectris: Bank of America Merill Lynch upgrades to Buy with a target price of 2600p. Unilever Plc: UBS maintains Buy with a target
Read moreBarclays upgrades Burberry on valuation, strategy
11th Jan 2017 09:23
(ShareCast News) - Barclays upgraded luxury retailer Burberry to 'overweight' from 'equalweight' and upped the price target to 1,760p from 1,450p on strategy and valuation. The bank said Burberry offers good value at 15% discount to the luxury sector, which it reckons is unjustified given the compan
Read moreThursday broker round-up
15th Dec 2016 15:25
(ShareCast News) - Wood Group: UBS reiterates neutral with a target price of 875p. Burberry: Exane BNP Paribas keeps at neutral, 1490p target. Inmarsat: Deutsche Bank reiterates buy with a 1030p target. Sports Direct: Canaccord reiterates sell with a 160p target. Vodafone: Deutsche Bank reiterate
Read moreBurberry shares jump on report of Coach bids
5th Dec 2016 08:54
(ShareCast News) - Shares in luxury fashion retailer Burberry rose on Monday following reports the company has rejected multiple takeover bids from US peer Coach. The Financial Times reported on Sunday that talks between the two companies were no longer active, adding that the situation is not expec
Read moreBurberry profits slump while it revamps business
9th Nov 2016 07:04
(ShareCast News) - Burberry's profits slumped as the fashion house implemented a turnaround plan to cut costs and revamp its products. For the six months ended 30 September, revenue slipped 4% to £1.15bn compared to last year but was up 5% on a constant currency basis. The FTSE 100 company, which i
Read moreBurberry shares gain on report of Coach merger
21st Oct 2016 15:05
(ShareCast News) - Burberry gained ground on Friday afternoon after the Betaville financial blog suggested US-based Coach was considering a merger with the London-listed luxury retailer. According to Betaville, which cited two people familiar with the matter, Coach has been working with investment b
Read moreWednesday broker round-up
19th Oct 2016 12:06
(ShareCast News) - B&M European value retail: Goldman Sachs keeps at buy with a target price of 274p. Zoopla: Berenberg reiterates buy, 400p target. Bellway: Jefferies keeps at buy with a 2857p target. IAG: Credit Suisse upgrades to outperform with a 469p target. British American Tobacco: JP Morg
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