Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) shares were up 4.1% during trading on Tuesday . The company traded as high as $15.99 and last traded at $15.75. Approximately 27,705 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 59,212 shares. The stock had previously closed at $15.13.
Analysts Set New Price Targets
A number of research analysts have recently commented on BURBY shares. Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. UBS Group upgraded 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 note on Thursday, May 1st. Five investment analysts have rated the stock with a Strong Buy rating, one has issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently 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.
Burberry Group Company Profile
(
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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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