Professional
Added to YB: 2024-02-01
Pitch date: 2024-02-01
BRBY.L [bullish]
Burberry Group plc
+6.23%
current return
Author Info
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Company Info
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand.
Market Cap
GBP 2.4B
Pitch Price
GBP 12.33
Price Target
2.0K (+15735%)
Dividend
9.23%
EV/EBITDA
7.39
P/E
62.40
EV/Sales
1.42
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Burberry: The Dark Knight
BRBY.L: Iconic British luxury brand in late stage of turnaround. New CEO & CCO focusing on British roots after prior missteps. Accessory opportunity with only 36% of revs vs 50%+ for peers. Risks: China exposure, design, regulation. Trades 12x CY23 earnings, 50%+ upside on brand elevation.
Read full article (8 min)