Burberry Group (OTCMKTS:BURBY - Get Free Report) was upgraded by analysts at Berenberg Bank to a "hold" rating in a report released on Tuesday,Zacks.com reports.
Separately, Barclays upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, January 27th. Two analysts have rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy".
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Burberry Group Stock Performance
BURBY stock opened at $16.59 on Tuesday. The business has a 50 day moving average price of $14.96 and a two-hundred day moving average price of $15.91. Burberry Group has a twelve month low of $10.00 and a twelve month high of $18.55.
Burberry Group Company Profile
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Burberry Group plc is a British luxury fashion house renowned for its distinctive designs and iconic outerwear. The company's product portfolio encompasses ready-to-wear clothing, leather goods, handbags, accessories, footwear, fragrances and beauty items. Burberry is particularly famous for its classic trench coat, crafted from its patented gabardine fabric, and the signature checked pattern that has become a global emblem of luxury.
Founded in 1856 by Thomas Burberry in Basingstoke, England, the company initially specialized in weatherproof garments and outdoor attire.
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