Burberry Group (BRBY)

Sector:

Personal Goods

Index:

FTSE 100

1,751.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 2,345.00p
  • 52 Week Low: 1,685.50p
  • Currency: UK Pounds
  • Shares Issued: 404.67m
  • Volume: 2,314,930
  • Market Cap: £7,088m
  • RiskGrade: 162

Wednesday preview: Davos, Burberry Group in focus

By Alexander Bueso

Date: Tuesday 21 Jan 2020

LONDON (ShareCast) - (Sharecast News) - The focus around the world on Wednesday will continue to be on the World Economic Forum in Davos.
In the UK meanwhile, the spotlight will fall on public sector borrowing figures for December at 0930 GMT, followed by the Confederation of British Industry's industrial trends survey for January at 1100 GMT.

Later in the session, investors' attention will shift to the US housing sector, the Federal Housing and Finance Administration's monthly House Price Index set to published at 1500 GMT and existing home sales data for December at 1600 GMT.

Burberry Group may surprise positively on Wednesday with its third quarter trading update, according to Morgan Stanley.

Consensus was for the soft luxury player to report a slowdown in its like-for-like from the 5.0% pace observed over the three months to September to 2.0%, with weakness in Hong Kong expected to be a chief factor behind the soft numbers.

But in a research note sent to clients, Morgan Stanley said that its discussions with Burberry's peers and "industry players" appeared to show that activity had picked up in the sector towards the end of the quarter, with easy comparables expected to have benefited France in particular.

"This leads us to believe that the risk-reward should be positively skewed for Burberry into the release: with the penetration of the Tisci collection approaching 80%, no meaningful exposure to Japan (which should slow down sector-wise in the quarter) and a potential acceleration in European sales, we believe LFL could exceed consensus, and we set our estimate at 3% (with some potential upside risk to this figure)," analysts Elena Mariani and Edouard Aubin said in a research note sent to clients.

Unfortunately they added that "we believe that most investors have positive expectations into results."

Wednesday 22 January

INTERIMS

Van Elle Holdings

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Existing Home Sales (US) (15:00)

House Price Index (US) (14:00)

MBA Mortgage Applications (US) (12:00)

SPECIAL EX-DIVIDEND DATE

Prime People

AGMS

AJ Bell, Edinburgh Worldwide Inv Trust, Topps Tiles, Tracsis

TRADING ANNOUNCEMENTS

Antofagasta, Burberry Group, Close Brothers Group, Forterra, Sage Group, WH Smith, William Hill

UK ECONOMIC ANNOUNCEMENTS

CBI Industrial Trends Surveys (11:00)

FINAL DIVIDEND PAYMENT DATE

Diploma



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Burberry Group Market Data

Currency UK Pounds
Share Price 1,751.50p
Change Today -2.50p
% Change -0.14 %
52 Week High 2,345.00p
52 Week Low 1,685.50p
Volume 2,314,930
Shares Issued 404.67m
Market Cap £7,088m
RiskGrade 162

Burberry Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.18% below the market average66.18% below the market average66.18% below the market average66.18% below the market average66.18% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend Not Available
Income
41.62% below the market average41.62% below the market average41.62% below the market average41.62% below the market average41.62% below the market average
Sector averageSector averageSector averageSector averageSector average
Growth
63.84% below the market average63.84% below the market average63.84% below the market average63.84% below the market average63.84% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 1
Neutral 11
Sell 2
Strong Sell 2
Total 18
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Burberry Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Dec-19 27-Jun-19
Paid 31-Jan-20 02-Aug-19
Amount 11.30p 31.50p

Trades for 26-Feb-2020

Time Volume / Share Price
16:35 898,190 @ 1,751.50p
16:29 129 @ 1,745.50p
16:29 185 @ 1,745.50p
16:29 409 @ 1,744.50p
16:29 94 @ 1,744.00p

Burberry Group Key Personnel

CEO Marco Gobbetti
Chair Gerry M Murphy

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