UK£7.88 - That's What Analysts Think Burberry Group plc (LON:BRBY) Is Worth After These Results
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 17 2024
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Source: Yahoo Finance
Burberry Group's Performance: Burberry Group plc shares rose 13% following their interim results, reporting revenues of UK£1.1 billion and earnings per share of UK£0.74, although analysts forecast a significant decline in revenue and earnings per share for 2025.
Analyst Sentiment and Future Outlook: Despite a downgrade in earnings forecasts, analysts raised the consensus price target by 7.7% to UK£7.88, indicating mixed views on the company's long-term potential, with concerns about Burberry's performance lagging behind industry growth.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
