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Burberry Group (OTCMKTS:BURBY) Shares Gap Up - What's Next?

Burberry Group logo with Retail/Wholesale background

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $13.79, but opened at $14.42. Burberry Group shares last traded at $14.40, with a volume of 1,846 shares.

Wall Street Analysts Forecast Growth

BURBY has been the subject of a number of recent analyst reports. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 15th. BNP Paribas upgraded Burberry Group to a "strong-buy" rating in a report on Tuesday, March 11th. Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 1st. Finally, Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a report on Tuesday, May 27th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, one has given a buy rating and five have given a strong buy rating to the stock. According to MarketBeat.com, Burberry Group presently has a consensus rating of "Buy".

Check Out Our Latest Analysis on Burberry Group

Burberry Group Price Performance

The stock has a fifty day moving average of $12.56 and a 200-day moving average of $12.29. The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.44.

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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