FTSE 100 news / Companies and sectors / Burberry Group / 2 October 2026
Burberry Group (BRBY): news on Friday 2 October 2026
−3.2 negative
Coverage was mostly about analyst caution, with RBC cutting its price target and another fair value estimate edging lower. A senior technology hire from Superdry was a small positive.
What drove it
- analyst target cuts
- fair value estimate
- tech executive hire
The 4 stories
- −7.5 RBC cuts Burberry stock target to GBp 1,200.00 from GBp 1,400.00
RBC cuts price target from 1,400p to 1,200p. - −4.7 Burberry (LSE:BRBY) Stock Fair Value Edges Lower After Analyst Commentary
Fair value estimate lowered following analyst commentary. - +2.0 Dafydd Moore exits Superdry and takes on Vice President Business Technology position at Burberry
Burberry hires a senior technology executive from Superdry. - +1.7 Burberry taps former Superdry tech chief for VP role
Report on Burberry appointing a former Superdry tech chief.
Burberry Group: every day · Retail on 2 October 2026 · FTSE 100 overview for the day