Burberry Group Plc Given Consensus Recommendation of “Hold” by Analysts (NASDAQ:BURBY)
Shares of Burberry Group Plc (NASDAQ:BURBY) have been given an average recommendation of “Hold” by the eleven ratings firms that are covering the stock, AnalystRatingsNetwork reports. Eight investment analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company.
Shares of Burberry Group Plc (NASDAQ:BURBY) traded down 0.43% on Wednesday, hitting $48.66. The stock had a trading volume of 3,271 shares. Burberry Group Plc has a one year low of $45.31 and a one year high of $53.79. The stock has a 50-day moving average of $48.86 and a 200-day moving average of $49.19. The company has a market cap of $10.667 billion and a price-to-earnings ratio of 20.21.
Several analysts have recently commented on the stock. Analysts at BNP Paribas upgraded shares of Burberry Group Plc from a “neutral” rating to an “outperform” rating in a research note on Friday, July 18th. Separately, analysts at Berenberg Bank reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Monday, July 14th. Finally, analysts at Societe Generale reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Friday, July 11th.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.