tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Norges Bank Increases Stake in Burberry Group PLC

Story Highlights
Norges Bank Increases Stake in Burberry Group PLC

Meet Your ETF AI Analyst

The latest announcement is out from Burberry ( (GB:BRBY) ).

Burberry Group PLC announced a change in major shareholding as Norges Bank, based in Oslo, Norway, increased its voting rights in the company to 3.004140% as of July 2, 2025. This development indicates a slight shift in the ownership structure, potentially impacting Burberry’s strategic decisions and signaling confidence in the company’s market position.

The most recent analyst rating on (GB:BRBY) stock is a Buy with a £9.25 price target. To see the full list of analyst forecasts on Burberry stock, see the GB:BRBY Stock Forecast page.

Spark’s Take on GB:BRBY Stock

According to Spark, TipRanks’ AI Analyst, GB:BRBY is a Neutral.

Burberry’s overall stock score of 60 reflects a mixed outlook. The company’s financial struggles weigh heavily, but strong technical indicators and positive corporate events, such as insider buying, provide optimism. The valuation remains a significant concern due to negative earnings, despite an attractive dividend yield.

To see Spark’s full report on GB:BRBY stock, click here.

More about Burberry

Burberry Group PLC is a renowned British luxury fashion house, primarily known for its high-end clothing, accessories, and fragrances. The company is a significant player in the global fashion industry, focusing on delivering premium products that combine heritage with modernity.

Average Trading Volume: 1,907,815

Technical Sentiment Signal: Buy

Current Market Cap: £4.33B

For a thorough assessment of BRBY stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1