Bernstein bumps Burberry up to 'market perform'
21st May 2019 15:14
(Sharecast News) - Bernstein upped its stance on shares of luxury brand Burberry to 'market perform' from 'underperform' on Tuesday, saying it sees a more balanced risk/reward following the drop in the share price last week after its full-year results.
Read moreBurberry profit flat as cost cuts offset revenue fall
16th May 2019 07:19
(Sharecast News) - Burberry's underlying profit was unchanged last year as cost cuts offset a decline in revenue at the luxury clothing brand.
Read moreWeek ahead: Vodafone and Burberry report; UK jobs data and US retail sales eyed
10th May 2019 13:48
(Sharecast News) - Next week sees the release of results from the likes of Vodafone, Tui and Burberry, while investors will also be keeping an eye out for the latest UK jobs data, US retail sales and the German ZEW survey.
Read moreBofA Merrill Lynch downgrades Burberry, says re-rating unjustified
3rd Apr 2019 15:41
(Sharecast News) - Bank of America Merrill Lynch downgraded its stance on luxury fashion brand Burberry to 'underperform' from 'neutral' on Wednesday as it cut earnings per share estimates across the luxury sector.
Read moreWednesday broker round-up
6th Mar 2019 13:39
(Sharecast News) - Ibstock: UBS downgrades to neutral with a target price of 270p.
Read moreGoldman downgrades Burberry on demanding valuation
6th Mar 2019 11:05
(Sharecast News) - Burberry was under the cosh on Wednesday as Goldman Sachs cut its stance on the stock to 'sell' from 'neutral' and reduced the price target to 1,855p from 2,148p, pointing to a demanding valuation.
Read moreKering dismisses China fears as Gucci sales surge
12th Feb 2019 10:40
(Sharecast News) - The owner of luxury brands Gucci and Yves Saint Laurent has shrugged off growing concerns about the strength of Chinese economy to post forecast-beating results.
Read moreDirector dealings: Burberry CFO lowers stake
28th Jan 2019 16:31
(Sharecast News) - Burberry chief financial and operating officer Julie Brown sold 34,218 ordinary shares in the FTSE 100-listed fashion house on Monday.
Read moreThursday broker round-up
24th Jan 2019 15:09
(Sharecast News) - Reckitt Benckiser: Jefferies downgrades to underperform with a target price of 5,000p.
Read moreWednesday broker round-up
23rd Jan 2019 12:59
(Sharecast News) - Centrica: Credit Suisse downgrades to neutral with a target price of 155p.
Read moreBurberry's festive growth cools but 'brand heat' grows
23rd Jan 2019 07:17
(Sharecast News) - Burberry sales disappointed slightly over the festive quarter but the fashion house maintained that it was successfully building "brand heat" ahead of the launch next month of its new creative director's debut collection.
Read moreWednesday preview: BoJ, Burberry Group, Antofagasta in focus
22nd Jan 2019 13:56
(Sharecast News) - The market spotlight will shift towards central banks on Wednesday, as rate-setters in Tokyo meet to decide on policy.
Read moreWednesday broker round-up
16th Jan 2019 13:07
(Sharecast News) - Ashmore group: Berenberg downgrades to hold with a target price of 413p.
Read moreThursday broker round-up
10th Jan 2019 13:28
(Sharecast News) - Burberry: Berenberg downgrades to hold with a target price of 1,920p.
Read moreBerenberg downgrades Burberry as luxury sector too pricey
10th Jan 2019 12:46
(Sharecast News) - Growth prospects for Burberry and other luxury stocks face "undoubtedly more downside than upside risk", warned Berenberg as it downgraded its stance on the sector.
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