RBC cuts target for Burberry stock to GBp 1,200
Published on 10/20/2026 at 22:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTarget cut and trading date
- RBC Capital Markets cut its Burberry target from GBp 1,400.00 to GBp 1,200.00 on October 20, 2026.
- Fiscal 2027 first-quarter retail revenue rose 5.00 percent to GBP 455 million.
- Burberry stock costs EUR 13.24 at Lang & Schwarz on October 20, 2026 at 10:21 p.m. CEST.
- Burberry will publish interim results on November 12, 2026.
Burberry stock (ISIN GB0031743007) was downgraded by RBC Capital Markets to Sector Perform from Outperform on October 20, 2026, while its target fell from GBp 1,400.00 to GBp 1,200.00, according to Sharecast. The new target lies 9.29 percent above the LSE price of GBp 1,098.00. At Lang & Schwarz, the stock traded at EUR 13.24 on October 20, 2026 at 10:21 p.m. CEST.
Retail sales reached GBP 455 million
Burberry's most recent operating update covered the first quarter of fiscal 2027. Retail revenue rose 5.00 percent to GBP 455 million, while comparable retail sales also increased 5.00 percent, according to DirectorsTalk. The update covered the 13 weeks ended June 27, 2026, giving the target cut a more specific operating backdrop.
Stock stays below the yearly high
Burberry last traded at GBp 1,098.00 on the LSE on October 20, 2026 at 5:15 p.m. London time. Its 52-week range was GBp 953.40 to GBp 1,376.50, placing the latest London price 20.25 percent below the high and 15.16 percent above the low. The latest reported volume was 8,470,426 shares, against an average volume of 2,188,421.
Valuation meets a November date
The quoted market capitalization was GBP 3.9 billion as of October 20, 2026, while the price-to-earnings ratio was 191.29. Burberry's investor calendar schedules interim results for November 12, 2026, as shown on the company's investor page.
The numbers present two competing signals. Retail sales and comparable sales both grew 5.00 percent in the latest reported quarter, but RBC's target cut leaves only 9.29 percent between the new target and the latest LSE price. That gap is narrower than the 20.25 percent distance to the 52-week high, making the November report the next scheduled test of the recovery.
What matters before November 12
Burberry's next results will show whether the 5.00 percent first-quarter sales growth is continuing into the second quarter. The current valuation also leaves the stock sensitive to any change in profit expectations, with a price-to-earnings ratio of 191.29 and a GBP 3.9 billion market capitalization.
The further course of trading is shown by the continuously updated real-time quote of Burberry stock.
Burberry stock details
- Company: Burberry Group plc
- ISIN: GB0031743007
- Ticker: BRBY.L
- Primary exchange: LSE
- Price Lang & Schwarz (as of October 20, 2026, 10:21 p.m. CEST): EUR 13.24
- Market capitalization: GBP 3.9 billion (as of October 20, 2026)
- 52-week range: GBp 953.40-1,376.50 (as of October 20, 2026)
- Sector / Industry: Consumer Discretionary / Apparel and Accessories Retailers
- Index membership: FTSE 100
- Next earnings date: November 12, 2026
Market context: Market report FTSE 100.
