Burberry Group PLC

BRBY: XLON (GBR)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
GBX 5,336.00MsncbjpWgjtshrkf

Burberry Hires New Chief Creative Officer With Strong Track Record; Shares Attractive

We are retaining our fair value estimate for narrow-moat Burberry following the generally anticipated appointment of Daniel Lee as chief creative officer. We view shares as attractive at current levels, trading at a 20% discount to our fair value estimate in 4-star territory.

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