PINK:BURBY
BURBERRY GROUP PLC Stock News
$14.08
-0.525 (-3.60%)
At Close: May 17, 2024
Burberry: Two downgrades, yet the shares are up 2.7%
07:53am, Wednesday, 24'th Jan 2024
Shares in the couturier Burberry Group PLC (LSE:BRBY) seemed impervious to a couple of downgrades as the share price rose 2.7% in early afternoon trading. RBC Capital cut its price target by a £1 a s
Ebbing Luxury Demand Puts These ETFs in Focus
05:51pm, Monday, 22'nd Jan 2024
After experiencing a difficult 2023, ebbing demand and a slowdown in global economies are set to make 2024 more difficult for luxury brands. Look into luxury ETFs to safeguard your portfolio.
Burberry share price: Red alert as a death cross pattern nears
06:20am, Friday, 12'th Jan 2024
Burberry (LON: BRBY) share price sell-off intensified this week after the company warned about its growth. The stock has crashed in the past four straight weeks and is now hovering at its lowest level
Burberry shares drop as sluggish Christmas sales drive second profit warning in three months
06:05am, Friday, 12'th Jan 2024
British fashion house Burberry on Friday issued its second profit warning in three months, citing weaker-than-expected sales over the Christmas holidays, and sparking the biggest loss for shares in we
Burberry Cuts Full-Year Profit Forecast as Sales Decline
05:38am, Friday, 12'th Jan 2024
Burberry Group Plc shares suffered their steepest intraday decline in more than a decade Friday after slashing its profit forecast due to a drop in sales in the key Christmas quarter. Dasha Afanasieva
Burberry warns on profit after slow December sales
02:28am, Friday, 12'th Jan 2024
Burberry Group PLC (LSE:BRBY) expects full-year results to be below expectations amid “challenging” trading conditions and a “backdrop of slowing luxury demand.” Chief Executive Officer Jonath
Burberry faces new hurdle in race to recovery
06:18am, Thursday, 11'th Jan 2024
Burberry Group PLC (LSE:BRBY) has had concerns raised about the ethics of its operations, adding to a multitude of issues surrounding the stock. The British designer brand was ranked lowest of any Lon
Burberry: Historically Cheap Amid Macro Headwinds (Rating Upgrade)
02:31am, Tuesday, 09'th Jan 2024
Burberry stock has sold off sharply since I last covered it in the summer, with the firm seeing a sharp slowdown in sales growth in its fiscal Q2. Management pinned the blame on a broader slowdown in
Burberry: US investment bank advises caution as it downgrades
04:50am, Wednesday, 03'rd Jan 2024
US investment bank Stifel has shifted its recommendation for luxury fashion brand Burberry Group PLC (LSE:BRBY) to 'hold' from 'buy' with a reduced price target for the shares, now set at 1,550 pence
Plot thickens for Burberry share price as Jefferies cuts rating
09:41am, Tuesday, 19'th Dec 2023
Burberry (LON: BRBY) share price is hovering near the year-to-date low after a rating downgrade by Jefferies. The stock plunged by more than 2.85% on Tuesday and moved below the important support at $
Dr Martens joined by Burberry, Entain and many more in sinking to 52-week lows
07:50am, Thursday, 30'th Nov 2023
While the S&P 500 and Nasdaq have enjoyed another bumper month, a number of London's blue chips have sunk to 52-week lows today, including Unilever PLC (LSE:ULVR) and Burberry Group PLC (LSE:BRBY), al
High Fashion Companies: Which One Has The Best Dividend?
12:00pm, Monday, 27'th Nov 2023
High fashion companies have high profit margins, growing revenues, and competitive advantage from successful historical brands. In this case, being European companies, it is important to consider the
Burberry turnaround will take time predicts Deutsche Bank
10:37am, Monday, 27'th Nov 2023
Weaker second-quarter sales and a downbeat second-half outlook disguised much of the potential from the Burberry brand turnaround, according to Deutsche Bank. The new Daniel Lee-designed product is st
Burberry and luxury stocks face tough 2024, says JP Morgan
06:48am, Wednesday, 22'nd Nov 2023
Luxury goods stocks like Burberry Group PLC (LSE:BRBY), Kering and Ferragamo are not worth buying despite their cheap valuations, JP Morgan analysts believe. All three of the stocks have been placed o
Burberry warns on profit after steep slowdown in sales growth
05:28am, Thursday, 16'th Nov 2023
Burberry on Thursday said it is unlikely to achieve its sales goals for its current fiscal year due to a global slowdown in spending on luxury goods that has seen the world's top fashion houses and lu