Burberry Group Plc Given Hold Rating at Berenberg Bank (BURBY)
Shares of Burberry Group Plc (NASDAQ:BURBY) traded down 1.25% on Monday, hitting $48.98. The stock had a trading volume of 6,143 shares. Burberry Group Plc has a 52-week low of $45.22 and a 52-week high of $53.79. The stock’s 50-day moving average is $49.97 and its 200-day moving average is $49.34. The company has a market cap of $10.737 billion and a price-to-earnings ratio of 20.08.
BURBY has been the subject of a number of other recent research reports. Analysts at Societe Generale reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Friday. Separately, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Burberry Group Plc in a research note on Friday. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Burberry Group Plc in a research note on Friday. Nine equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the company. Burberry Group Plc presently has an average rating of “Hold”.
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