Burberry Group PLC (BURBY) Upgraded by Credit Suisse Group to “Outperform”
Burberry Group PLC (OTCMKTS:BURBY) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research note issued to investors on Friday.
BURBY has been the subject of a number of other research reports. Maxim Group set a $26.00 price target on Burberry Group PLC and gave the company a “buy” rating in a research report on Thursday, July 6th. ValuEngine upgraded Burberry Group PLC from a “hold” rating to a “buy” rating in a research report on Tuesday, July 11th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $23.50.
Burberry Group PLC (OTCMKTS:BURBY) traded up 1.17% during midday trading on Friday, hitting $23.42. 100 shares of the stock were exchanged. Burberry Group PLC has a one year low of $16.37 and a one year high of $23.99. The stock has a market cap of $10.19 billion, a P/E ratio of 28.05 and a beta of 1.12. The firm has a 50-day moving average price of $23.09 and a 200-day moving average price of $22.24.
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About Burberry Group PLC
Burberry Group plc, together with its subsidiaries, designs, develops, manufactures, and sells luxury goods under the Burberry brand for men, women, and children. The company operates in two segments, Retail/Wholesale and Licensing. It offers product in the categories of apparel; accessories, such as women's handbags and small leather goods; and beauty, as well as eyewear and watches.
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