Barclays Capital Reiterates Equal weight Rating for Mulberry Group PLC (MUL)
Mulberry Group PLC (LON:MUL)‘s stock had its “equal weight” rating reaffirmed by stock analysts at Barclays Capital in a report issued on Monday, American Banking News reports. They currently have a GBX 1,000 ($15.96) target price on the stock. Barclays Capital’s target price would suggest a potential downside of 1.19% from the company’s current price.
Shares of Mulberry Group PLC (LON:MUL) traded down 1.94% during mid-day trading on Monday, hitting GBX 1012.00. 4,857 shares of the company’s stock traded hands. Mulberry Group PLC has a one year low of GBX 825.00 and a one year high of GBX 1459.00. The stock has a 50-day moving average of GBX 994.3 and a 200-day moving average of GBX 995.4.
Mulberry Group PLC is a United Kingdom-based holding company. The Company is engaged in the design and manufacture or sourcing of luxury accessories, clothing and footwear and their subsequent sale through wholesale channels or its own stores and concessions in home and export markets.
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