ANALYST VIEWS: IS THERE MORE GROWTH TO COME FROM BURBERRY?
FRASER RAMZAN | NOMURA
Consistent delivery by Burberry management has seen earnings per share upgraded and the stock re-rate as such accelerated investment should be seen as a potential net positive for the medium term growth rate of the business. The decision to invest further makes strategic sense in our view.
RICHARD HUNTER | HARGREAVES LANSDOWN
Burberry remains a rare and notable example of a retailer enjoying a stellar growth trajectory. Indeed, this success story is held back only by valuation concerns – the shares have risen 116 per cent over the last year. As such, the market consensus is that Burberry remains a ‘hold,’ albeit a strong one.
NICK BUBB | ARDEN
Burberry’s figures are predictably excellent, but have been met with profit taking, after the strong run in the shares. Burberry is on a very high rating when compared with the likes of Supergroup and although it is a very good, well-run company continuous growth becomes difficult.