RBC Capital cuts Burberry price target
28th Mar 2025 08:49
(Sharecast News) - RBC Capital Markets cut its price target on Burberry on Friday to 1,200p from 1,300p as it reduced FY26 EBIT estimates.
Read moreJPMorgan puts Burberry, Kering on 'negative catalyst watch'
14th Mar 2025 08:59
(Sharecast News) - JPMorgan Cazenove placed Burberry on 'negative catalyst watch' on Friday into FY25 results on 19 May.
Read moreLondon close: Stocks rise as investors look to Nvidia earnings
26th Feb 2025 15:04
(Sharecast News) - London stocks ended higher on Wednesday, with investors maintaining a cautious yet positive stance ahead of Nvidia's earnings release in the United States later in the global day.
Read moreKepler upgrades Burberry, says it's 'time to look for the most punished names' in luxury
26th Feb 2025 13:18
(Sharecast News) - Kepler Cheuvreux upgraded Burberry on Wednesday as it took a look at European luxury stocks.
Read moreLVMH numbers fail to impress, shares fall
29th Jan 2025 07:55
(Sharecast News) - Shares in LVMH came under pressure on Wednesday, after end-of-year results from the luxury goods bellwether failed to sparkle, despite beating expectations.
Read moreRBC Capital hikes Burberry price target after Q3 update
28th Jan 2025 09:18
(Sharecast News) - RBC Capital Markets lifted its price target on Burberry on Tuesday to 1,300p from 1,000p as it upped estimates after the third-quarter trading update.
Read moreLondon close: Stocks down as PMI rises, consumer sentiment slips
24th Jan 2025 16:21
(Sharecast News) - London stocks ended lower on Friday as investor sentiment weakened following a decline in consumer confidence and another drop in private sector employment.
Read moreBurberry reports improving Q3 momentum as sales decline slows
24th Jan 2025 07:22
(Sharecast News) - The rate of sales decline at Burberry eased significantly in the luxury fashion brand's third quarter as recent actions to turn the business around started to bear fruit.
Read moreLondon close: Stocks higher as UK growth misses forecasts
16th Jan 2025 15:58
(Sharecast News) - London equities ended Thursday in positive territory, with investors buoyed by weaker-than-expected UK growth data that bolstered expectations of a potential interest rate cut by the Bank of England next month.
Read moreSales sparkle at Richemont, shares soar
16th Jan 2025 08:34
(Sharecast News) - Shares in Richemont soared on Thursday, after third-quarter sales at the luxury goods giant smashed expectations.
Read moreLondon close: FTSE maintains gains on China stimulus hopes
9th Dec 2024 14:59
(Sharecast News) - London's stock markets closed with a mixed performance on Monday, as optimism over potential economic stimulus in China provided a boost to mining stocks.
Read moreDeutsche Bank upgrades Burberry, AB Foods, Kering
2nd Dec 2024 12:12
(Sharecast News) - Deutsche Bank upgraded Burberry, Associated British Foods and Gucci owner Kering on Monday as it took a look at consumer discretionary and luxury goods.
Read moreLondon close: Stocks end turbulent week in the red
15th Nov 2024 15:21
(Sharecast News) - London stocks ended Friday in negative territory, weighed down by losses in pharmaceutical shares and a surprise slowdown in UK economic growth during the third quarter.
Read moreLondon close: Stocks rise as dip buyers enter the fray
14th Nov 2024 15:50
(Sharecast News) - London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.
Read moreBurberry launched turnaround plan as sales, profits plunge
14th Nov 2024 07:02
(Sharecast News) - Shares in Burberry surged on Thursday as the luxury goods brand launched a review of the business in an "urgent" effort to turnaround its struggling fortunes after slumping to a £80m half-year loss driven by plunging sales in its key Chinese market.
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