Burberry stock slips after HSBC cuts its target
Published on 09/19/2026 at 10:13 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Burberry stock (ISIN GB0031743007) traded near its recent highs after HSBC cut the target to 1,200 pence from 1,350 pence on September 18, 2026. The move came with a downgrade to hold, and the new target is 11 percent below the old one.
HSBC resets the tone
According to ad-hoc-news on September 18, 2026, HSBC downgraded Burberry from buy to hold and lowered the price target to 1,200 pence from 1,350 pence. That cut of 150 pence is the clearest fresh signal for the stock and leaves the latest target 11.1 percent lower than before.
The same report says Burberry's shares trade only a few percent below their 52-week high. For investors, that matters because the upside to the new target is limited while margin questions remain visible.
Revenue rose in 2025/26
Burberry's latest annual report for the financial year ended March 30, 2026 showed revenue growth in the low- to mid-single-digit percent range versus the previous year, according to ad-hoc-news. The report also kept operating margin and gross margin at the center of investor debate.
That combination gives the stock a clear split story: growth returned, but the market is still measuring how much of that revenue can turn into profit. The report period, March 30, 2026, is the latest fresh set of fundamentals cited in the search results.
Stock stays near its range
As of the latest completed London session before September 18, 2026, Burberry stock was still close to the upper end of its 52-week band, with trading volume in its usual range and the share price showing a modest positive move versus the prior day.
That leaves the 1,200 pence target and the March 30, 2026 annual numbers as the key reference points for the next trading sessions.
Burberry stock key data
- Company: Burberry Group plc
- ISIN: GB0031743007
- Ticker: BRBY
- Trading venue: London Stock Exchange
- Sector / Industry: Consumer Discretionary / Apparel, Accessories and Luxury Goods
- Index membership: FTSE 100
