Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) shares passed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.82 and traded as low as $14.61. Burberry Group shares last traded at $14.65, with a volume of 19,948 shares.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised Burberry Group to a “hold” rating in a research note on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, Burberry Group has an average rating of “Buy”.
Read Our Latest Analysis on BURBY
Burberry Group Price Performance
Burberry Group Company Profile
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.
Further Reading
- Five stocks we like better than Burberry Group
- 3 Financial Stocks Positioned for the Fed’s Next Move After Jackson Hole
- IREN’s AI Pivot Looks Real, But the Market Wanted a Faster Payoff After Earnings
- Boeing’s $131B F-15 Win: Mach 1 Momentum or Just Altitude?
- Okta Stock Surges 29%—Is $200 the Next Stop?
Receive News & Ratings for Burberry Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burberry Group and related companies with MarketBeat.com's FREE daily email newsletter.
