Burberry Group PLC (OTCMKTS:BURBY - Get Free Report)'s share price hit a new 52-week high on Friday . The company traded as high as $18.03 and last traded at $17.91, with a volume of 14557 shares changing hands. The stock had previously closed at $16.84.
Analysts Set New Price Targets
Several research analysts have commented on BURBY shares. Barclays raised Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Finally, Citigroup raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, one has assigned a buy rating and five have issued a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Buy".
Read Our Latest Research Report on BURBY
Burberry Group Stock Performance
The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.88 and a current ratio of 1.18. The stock has a 50-day moving average price of $14.71 and a 200-day moving average price of $12.77.
About Burberry Group
(
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.
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