Free Trial

Burberry Group (OTCMKTS:BURBY) Shares Gap Up - Time to Buy?

Burberry Group logo with Retail/Wholesale background

Key Points

  • Burberry Group's stock price rose significantly, opening at $15.74 after closing at $15.13, and last traded at $15.82 with a volume of 2,096 shares.
  • Multiple research firms have upgraded Burberry Group's rating, with UBS and Citigroup moving it to a "strong-buy", while the average rating for the stock now stands at "Buy".
  • The company's 50-day moving average is $16.16, indicating potential for further price movement as the market adjusts to the recent upgrades.
  • MarketBeat previews top five stocks to own in October.

Shares of Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $15.13, but opened at $15.74. Burberry Group shares last traded at $15.82, with a volume of 2,096 shares traded.

Analyst Upgrades and Downgrades

BURBY has been the subject of a number of research analyst reports. Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 15th. Finally, Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. Five research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of "Buy".

Get Our Latest Analysis on Burberry Group

Burberry Group Price Performance

The stock has a 50 day simple moving average of $16.26 and a 200-day simple moving average of $13.43. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.88 and a current ratio of 1.18.

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.

Read More

Should You Invest $1,000 in Burberry Group Right Now?

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

 The Best Nuclear Energy Stocks to Buy Cover

Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.

Get This Free Report
Like this article? Share it with a colleague.