Listen to our latest Investing Matters Podcast episode 'Uncovering opportunities with investment trusts' with The AIC's Richard Stone here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBurberry Share News (BRBY)

Share Price Information for Burberry (BRBY)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 961.80
Bid: 966.40
Ask: 966.80
Change: -10.80 (-1.11%)
Spread: 0.40 (0.041%)
Open: 973.20
High: 991.20
Low: 961.80
Prev. Close: 961.80
BRBY Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Bernstein bumps Burberry up to 'market perform'

Tue, 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.It cited three reasons why Burberry could improve top-line growth performance in its stores going forward."a) The new Riccardo Tisci collection will come to the stores over the next few quarters; b) senior management is reporting very strong consumer traction of the new styles introduced; c) 80 stores will be in the renewed format by the end of FY20E, representing circa 50% of sales."Bernstein, which left its price target at 1,780p, said self-help stories such as Burberry continue to be exposed to a "yo-yo" risk, as they rise on investors "wanting to believe" and fall on less-than-exciting updates."Therefore we see value in being realistic, tactical, and open-minded," it said, adding that it will keep its "eyes open and ears on the ground" to confirm brand momentum down the road, and act accordingly.In its preliminary results last week, Burberry posted flat underlying profit as cost cuts offset a drop in revenue. Adjusted operating profit for the year to the end of March fell 6% to £438m but excluding currency movements profit was flat.Revenue at constant exchange rates fell 1% to £2.72bn and operating costs fell 1% to £1.42bn, while pre-tax profit rose 7% to £441m.At 1600 BST, the shares were up 0.8% at 1,816.50p.
More News
31 Jan 2023 07:00

Europe's luxury stocks have room to rise, but becoming costly

LONDON, Jan 31 (Reuters) - Europe's glittering luxury companies, the region's top stock-market performers in 2023, may see yet more gains driven by a rebound in Chinese spending, but for some the sector is starting to look expensive.

Read more
27 Jan 2023 13:49

H&M highlights fast-fashion gloom as luxury takes hit in China

H&M shares fall as costs almost wipe out earnings

*

Read more
25 Jan 2023 15:11

Director dealings: Burberry director picks up shares at all-time highs

(Sharecast News) - Burberry non-executive director picked up some shares in the luxury fashion retailer as they moved past their all-time highs.

Read more
25 Jan 2023 11:34

Thursday preview: US Q4 GDP data, jobless claims figures in focus

(Sharecast News) - All eyes on Thursday would be on a slew of economic data in the US with a preliminary reading for fourth quarter gross domestic product figuring prominently.

Read more
24 Jan 2023 09:33

LONDON BROKER RATINGS: Davy raises DS Smith; Panmure cuts Unite Group

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

Read more
23 Jan 2023 09:41

LONDON BROKER RATINGS: Jefferies cuts Berkeley; HSBC cuts St James's

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
20 Jan 2023 15:45

UK dividends calendar - next 7 days

Monday 23 January 
no events scheduled 
Tuesday 24 January 
no events scheduled 
Wednesday 25 January 
Baltic Classifieds Group PLCdividend payment date
JPMorgan Global Emerging Markets Income Trust PLCdividend payment date
Thursday 26 January 
AEW UK REIT PLCex-dividend payment date
Artemis Alpha Trust PLCdividend payment date
Bankers Investment Trust PLCex-dividend payment date
Centaur Media PLCspecial ex-dividend payment date
City of London Investment Trust PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCex-dividend payment date
CQS New City High Yield Fund Ltdex-dividend payment date
Henderson Far East Income Ltdex-dividend payment date
Law Debenture Corpdividend payment date
North Atlantic Smaller Cos Investment Trust PLCex-dividend payment date
Pennon Group PLCex-dividend payment date
RWS Holdings PLCex-dividend payment date
Schroder Oriental Income Fund Ltdex-dividend payment date
Smart Metering Systems PLCdividend payment date
WH Smith PLCdividend payment date
Friday 27 January 
AB Dynamics PLCdividend payment date
abrdn Latin American Income Fund Ltddividend payment date
abrdn Private Equity Opportunities Trust PLCdividend payment date
abrdn Smaller Companies Income Trust PLCdividend payment date
Appreciate Group PLCdividend payment date
Auto Trader Group PLCdividend payment date
Burberry Group PLCdividend payment date
Cranswick PLCdividend payment date
Currys PLCdividend payment date
Foresight Group Holdings Ltddividend payment date
Henderson High Income Trust PLCdividend payment date
Impellam Group PLCspecial dividend payment date
IntegraFin Holdings PLCdividend payment date
International Biotechnology Trust PLCdividend payment date
iomart Group PLCdividend payment date
Majedie Investments PLCdividend payment date
Majedie Investments PLCspecial dividend payment date
Martin Currie Global Portfolio Trust PLCdividend payment date
Redcentric PLCdividend payment date
Schroder Income Growth Fund PLCdividend payment date
Shires Income PLCdividend payment date
Templeton Emerging Markets Investment Trust PLCdividend payment date
Troy Income & Growth Trust PLCdividend payment date
UP Global Sourcing Holdings PLCdividend payment date
Value and Indexed Property Income Trust PLCdividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved. 

Read more
19 Jan 2023 16:20

Richemont, Burberry optimistic about China luxury sales

LONDON/ZURICH, Jan 18 (Reuters) - Burberry said it was optimistic consumers in China would start spending again and Richemont saw a rebound there before the holiday, helping offset three years of upheaval from the government's strict COVID-19 lockdowns and soaring infections.

Read more
19 Jan 2023 16:19

Luxury eyes focused on China after Richemont's Q3 sales miss

Q3 sales rise by 8% but miss market forecasts

*

Read more
19 Jan 2023 09:38

LONDON BROKER RATINGS: Goldman Sachs cuts Relx but raises WPP

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
18 Jan 2023 17:33

FTSE 100 slips as rising food prices hurt consumer stocks

Both FTSE 100 and FTSE 250 slip 0.3%

*

Read more
18 Jan 2023 17:21

European shares extend winning streak on earnings boost

Germany will not fall into recession - Chancellor Scholz

*

Read more
18 Jan 2023 16:57

LONDON MARKET CLOSE: Rampant pound and weak US data hit FTSE 100

(Alliance News) - The FTSE 100 struggled on Wednesday, underperforming continental peers as its roster of international earners succumbed to a stronger pound.

Read more
18 Jan 2023 09:04

TOP NEWS: Burberry third quarter sales rise despite China lockdowns

(Alliance News) - Luxury fashion house Burberry Group PLC on Wednesday said comparable store sales grew by just 1% in its financial third quarter, following significant lockdown disruption in China and the reopening of the nation.

Read more
18 Jan 2023 07:54

LONDON BRIEFING: UK inflation cools slightly to 10.5% in December

(Alliance News) - Stocks in London are set to open lower on Wednesday, following news that UK inflation cooled slightly more than expected in December and the Bank of Japan kept its loose monetary policy unchanged.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.