Burberry Group PLC
BRBY: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 8,282.00 | Wmhrzw | Pzdgwspd |
Burberry Earnings: Gets Strong Profit Boost But Needs More Investments This Year To Fuel Growth
We plan to adjust our fair value for narrow-moat Burberry to incorporate full-year results, after the company reported revenue 3.5% above our forecasts and a more-significant-than-expected improvement in profits. After yesterday’s price declines, we see shares to be approximately fairly valued.