Deutsche Bank’s target would suggest a potential upside of 1.44% from the company’s close price. Morgan Stanley reiterated an “equal weight” rating and issued a GBX 1,280 ($16.74) target price on shares of Burberry Group plc in a research note on Friday, July 8th. This means 62% are positive. Alongside Eurozone PMI data which was below the initial flash estimate, this could be a reason why Vodafone Group plc (LON: VOD) has fallen by 1% today. The company has a 50 day moving average of GBX 303.55 and a 200-day moving average of GBX 235.24. The brokerage presently has a “neutral” rating on the stock. The stock now has a consensus rating of “Hold” and a consensus target price of GBX 1,363.17 ($17.83).
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Vipera Plc has 258,490,000 shares which are now outstanding with a price of 4.9 calculating Vipera Plc’s market capitalisation to 12.67M GBp. The stock was sold at an average price of GBX 1,352 ($17.68), for a total transaction of £253,500 ($331,545.91). Lastly, BNP Paribas upgraded the stock to “Outperform” rating in an August 8 report. There are now 984,300,296 shares in issue with the average daily volume traded being 2,831,679. It has underperformed by 7.15% the S&P500.
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Burberry Group PLC is a United Kingdom-based manufacturer, wholesaler and retailer of luxury goods. The company has a market cap of 29.18 billion GBP. The Company develops, builds and deploys mobile software that enable mobile access to personal financial services and offers multi-channel mobility solutions for a range of banking, card management and other functionality ready for deployment by financial institutions, primarily banks. The Company’s divisions include Barclays UK and Barclays Corporate & International.
