Burberry Group PLC
BRBY: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 9,575.00 | Kjbnnn | Zgjxflzzb |
Burberry's Sales Affected by Reduction in Markdown Activity in Q3 but Underlying Trends Solid
We don’t expect a material increase in our fair value estimate for narrow-moat Burberry as the company reported better-than-expected retail sales in the third quarter ended in December 2020. Shares look fairly valued.