Burberry Group Plc Upgraded by BNP Paribas to Outperform (BURBY)
Burberry Group Plc (NASDAQ:BURBY) was upgraded by analysts at BNP Paribas from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Friday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on BURBY. Analysts at Berenberg Bank reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Monday. Separately, analysts at Societe Generale reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Friday, July 11th. Finally, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of Burberry Group Plc in a research note on Friday, July 11th. Eight equities research analysts have rated the stock with a hold rating, two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company currently has an average rating of “Hold”.
Shares of Burberry Group Plc (NASDAQ:BURBY) traded up 2.00% on Friday, hitting $49.797. The stock had a trading volume of 8,883 shares. Burberry Group Plc has a 52 week low of $45.31 and a 52 week high of $53.79. The stock has a 50-day moving average of $49.75 and a 200-day moving average of $49.33. The company has a market cap of $10.917 billion and a P/E ratio of 19.75.
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