Forex
Burberry Group Downgraded to Sector Perform by Royal Bank Of Canada
Burberry Group (LON:BRBY) has been downgraded by Royal Bank Of Canada to a 'sector perform' rating, according to research analysts.
The price objective for Burberry Group has been reduced from GBX 1,400 to GBX 1,200 by Royal Bank Of Canada, suggesting a potential upside of 16.56% from the company's current price.
Other analysts have also issued reports on the stock, with Jefferies Financial Group reissuing an 'underperform' rating and Berenberg Bank reaffirming a 'hold' rating.