RBC cuts Burberry stock target to GBp 1,200.00 from GBp 1,400.00

Published on 10/01/2026 at 16:41 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

First-quarter comparable sales rose 5.00 percent at Burberry. Burberry stock costs EUR 11.95 on October 1, 2026 after the EUR 12.03 prior close.

Pop-Art-Comic zeigt Frau im beigen Mantel vor Londoner Kulisse — Pop-Art-Comic zeigt Frau im Trenchcoat, symbolisch für Burberry Group plc, ISIN GB0031743007, vor Londoner Straßenkulisse, Illustration mit AI erstellt.

Burberry (ISIN GB0031743007) faces a lower RBC Capital target after the bank cut its valuation to GBp 1,200.00 from GBp 1,400.00 and downgraded the rating to Sector Perform from Outperform on September 22, 2026, according to Markets Insider. Burberry stock was trading at EUR 11.95 at Lang & Schwarz on October 1, 2026 at 4:33 p.m. CEST, down 0.67 percent versus the EUR 12.03 prior close.

RBC sees softer luxury demand

RBC Capital said the macroeconomic and luxury-demand environment had softened sequentially in the third quarter and expected the pressure to continue, the same Markets Insider report said. The reduced target places the analyst view below the latest London quotation of GBp 1,020.00 recorded at 3:39 p.m. BST on October 1, 2026.

Profit recovery outpaces revenue

Burberry's fiscal year ended March 28, 2026 with revenue of GBP 2.42 billion, down 2.00 percent from the prior year, while adjusted operating profit increased from GBP 26.00 million to GBP 160.00 million and the adjusted operating margin reached 6.60 percent, according to Metro Mode on September 25, 2026.

The operating improvement is therefore much sharper than the sales trend. Comparable-store sales rose 2.00 percent in fiscal 2025/26 after falling 12.00 percent in the prior year, and comparable sales increased 5.00 percent in the first quarter of fiscal 2026/27, according to the same report.

November results set the next test

Burberry's investor calendar lists interim results for November 12, 2026, giving the market a defined checkpoint for the recovery story, according to the company's Burberry investor page. The London Stock Exchange quotation stood at GBp 1,020.00 on October 1, 2026, while the 52-week range was GBp 953.40 to GBp 1,520.50.

Burberry stock stays below its yearly high

The euro quote was trading at EUR 11.95 at Lang & Schwarz on October 1, 2026 at 4:33 p.m. CEST, down 0.67 percent against the EUR 12.03 prior close. The next interim results date is November 12, 2026. The further course of trading is shown by the continuously updated real-time quote of Burberry stock.