Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $15.55, but opened at $14.71. Burberry Group shares last traded at $14.83, with a volume of 828 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank raised shares of Burberry Group to a “hold” rating in a report on Tuesday, May 5th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy”.
View Our Latest Research Report on Burberry Group
Burberry Group Stock Performance
About Burberry Group
Burberry Group plc is a British luxury fashion house renowned for its distinctive designs and iconic outerwear. The company’s product portfolio encompasses ready-to-wear clothing, leather goods, handbags, accessories, footwear, fragrances and beauty items. Burberry is particularly famous for its classic trench coat, crafted from its patented gabardine fabric, and the signature checked pattern that has become a global emblem of luxury.
Founded in 1856 by Thomas Burberry in Basingstoke, England, the company initially specialized in weatherproof garments and outdoor attire.
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