Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) shares rose 3.6% during trading on Monday . The stock traded as high as $16.26 and last traded at $16.22. Approximately 34,165 shares changed hands during trading, a decline of 19% from the average daily volume of 42,019 shares. The stock had previously closed at $15.66.
Analysts Set New Price Targets
BURBY has been the subject of several recent research reports. BNP Paribas upgraded Burberry Group to a "strong-buy" rating in a research note on Tuesday, March 11th. Citigroup raised Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 1st. Barclays upgraded shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. Finally, UBS Group upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. One equities research 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. Based on data from MarketBeat.com, Burberry Group currently has a consensus rating of "Buy".
Get Our Latest Report on BURBY
Burberry Group Price Performance
The business's fifty day moving average price is $12.71 and its 200 day moving average price is $12.31. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44.
About Burberry Group
(
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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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