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Berenberg starts Burberry at 'hold'

By Iain Gilbert

Date: Tuesday 05 May 2026

(Sharecast News) - Analysts at Berenberg initiated coverage on luxury fashion house Burberry with a 'hold' rating and a 1,080p target price on Tuesday, as it noted the group was "not fully waterproof".
Berenberg noted that Burberry was "undergoing a strategic reset" to restore brand coherence, rebuild margins and re-establish growth....

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