Shares of Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) reached a new 52-week high during trading on Thursday . The stock traded as high as $18.55 and last traded at $18.50, with a volume of 143638 shares trading hands. The stock had previously closed at $18.11.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on BURBY shares. Barclays upgraded shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 15th. Finally, Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has given a buy rating and five have given a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Buy".
View Our Latest Report on BURBY
Burberry Group Price Performance
The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44. The firm's 50 day moving average is $15.12 and its 200-day moving average is $12.89.
Burberry Group Company Profile
(
Get Free Report)
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Burberry Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burberry Group wasn't on the list.
While Burberry Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.