Burberry Group (BURBY) Getting Positive Media Coverage, Report Shows

Media stories about Burberry Group (OTCMKTS:BURBY) have trended positive on Friday, according to InfoTrie Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than 6,000 news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Burberry Group earned a news impact score of 2.63 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 10 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company’s share price in the near future.

Shares of BURBY stock traded down $1.24 during trading on Friday, hitting $23.51. The company had a trading volume of 17,393 shares, compared to its average volume of 51,184. The stock has a market cap of $9.85 billion, a price-to-earnings ratio of 21.18, a price-to-earnings-growth ratio of 2.03 and a beta of 0.92. Burberry Group has a 52 week low of $20.43 and a 52 week high of $30.19.

Several research firms recently weighed in on BURBY. Zacks Investment Research upgraded shares of Burberry Group from a “sell” rating to a “hold” rating in a research report on Friday. HSBC upgraded shares of Burberry Group from a “reduce” rating to a “hold” rating in a research report on Friday, October 26th. Goldman Sachs Group cut shares of Burberry Group from a “conviction-buy” rating to a “neutral” rating in a research report on Thursday, September 6th. Finally, Credit Suisse Group restated a “neutral” rating on shares of Burberry Group in a research report on Friday, September 21st. Five equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $30.00.

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About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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