Burberry (BRBY) is about to be booted off the FTSE 100. According to FTSE Russell, which manages the UK's blue-chip index, a decision will be made following its next quarterly review. Investors will know after market close on Tuesday next week.
Shares in the Narrow-Moat luxury fashion designer have suffered steep declines of late, losing 50% of their value in 2024 so far, and 70% over the past 12 months. Key Morningstar Metrics For Burberry (BRBY) • Morningstar Fair Value Estimate: £13.30 • Morningstar Rating: ★★★★★ • Morningstar Economic Moat Rating: Narrow • Morningstar Uncertainty Rating: High • Discount to Fair Value: 48% • Sector: Consumer Cyclical According to Jelena Sokolova, senior equity analyst at Morningstar, Burberry.
.. Christopher Johnson.
