Burberry Group PLC
BRBY: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 5,827.00 | Syxzbl | Fxpttcdv |
Burberry's Revenue Rebound Somewhat Hindered by Fewer Markdowns; FVE Maintained
We are maintaining our GBX 2,000 fair value estimate for narrow-moat Burberry as the company reported a strong rebound in sales in the first quarter of 2021/22. We view the shares as fairly valued at current levels.