Burberry: Strong Results, Rating Upgrade To Buy

01:22am, Wednesday, 24'th May 2023
Burberry's latest results reflect that it is strategically on the right track and the demand revival in China has helped. Notably, the company's operating margin has risen to 20%+ levels, and it expec
Burberry Group PLC (LSE:BRBY) is on track for “a brand turnaround” but still needs to improve its performance in the US before investors regain full confidence, analysts at Deutsche Bank have sai
Burberry's recovery in China may be short-lived as the Chinese economy stutters, but the importance of the Land of the Dragon to luxury brands cannot be understated. “Should the Chinese economic rec

Burberry's Makeover Is Long and Slow

08:31am, Thursday, 18'th May 2023
Reviving a fashion label that has lost its mojo doesn't happen overnight. But half a decade in, the results of Burberry's revamp are only middling.
Burberry reported an uptick in full-year profits as fourth-quarter sales rebounded thanks to the easing of restrictions in China. Adjusted operating profit grew 21% to £624mln in the year to 1 April
BT Group PLC (LSE:BT.A) might, for once, have some good news for its long-suffering investors. Shares have risen 40% this year and not just on bid speculation.
Burberry could deliver fourth-quarter revenue growth ahead of the sector average, said analysts at the Royal Bank of Canada (TSX:RY). RBC hiked the target price to 2,400p from 2,200p, while retaining
The FTSE 100 index rose for the third straight day ahead of the important corporate earnings from the UK. The index, which tracks the top blue-chip companies in the UK, jumped to a high of £7,800, a
Burberry Group PLC (BURBY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Here is how Burberry Group PLC (BURBY) and Compagnie Financiere Richemont AG (CFRUY) have performed compared to their sector so far this year.
Investors with an interest in Retail - Apparel and Shoes stocks have likely encountered both American Eagle Outfitters (AEO) and Burberry Group PLC (BURBY). But which of these two companies is the bes
Burberry (LON: BRBY) share price has done well in 2023 as investors place their bets on the reopening of Hong Kong and Mainland China. The shares jumped to a high of 2,603p in March, the highest point
Burberry's strategy had strayed into the risky area of fast moving fashion; now it is going back to its more classic heritage styles. The new management team's new strategy has lifted morale at the co
Burberry could deliver fourth-quarter revenue growth ahead of the sector average, said analysts at the Royal Bank of Canada (TSX:RY). RBC hiked the target price to 2,400p from 2,200p, while the remai
Jefferies, the investment bank, has raised its price target for Burberry Group PLC (LSE:BRBY)'s stock to £24 per share from £21 while maintaining its "hold" recommendation. The move follows Burberry
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE