UBS Confirms Buy Rating for Burberry Group (BBRYF)
UBS Coverage and Price Target: UBS has reiterated a Buy recommendation for Burberry Group, with an average one-year price target of $17.50/share, indicating a potential upside of 32.80% from its current price of $13.18/share.
Projected Revenue and EPS: Burberry Group's projected annual revenue is estimated at $3,522 million, reflecting a 43.11% increase, with a projected non-GAAP EPS of 1.35.
Fund Sentiment Overview: There are currently 163 funds reporting positions in Burberry Group, showing a decrease of 4.12% in ownership over the last quarter, while the average portfolio weight dedicated to the company has increased by 32.02%.
Shareholder Activity: Notable shareholders like Vanguard and MFS have increased their holdings in Burberry Group, with significant increases in portfolio allocations, while some funds have slightly decreased their positions.
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