Broker Recommendations

Burberry, Kering slump on Barclays downgrades

By Michele Maatouk

Date: Monday 09 Sep 2024

(Sharecast News) - Luxury brands Burberry and Kering slumped on Monday as Barclays downgraded its stance on the shares to 'underweight' from 'equalweight' on structural concerns related to China.

Barclays analysts said that having spent two weeks travelling across Greater China, where they met over 60 industry stakeholders, they have...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page