Burberry Group (OTCMKTS:BURBY) was upgraded by equities research analysts at Bryan, Garnier & Co from a “sell” rating to a “neutral” rating in a report issued on Monday, Briefing.com Automated Import reports.
Several other research firms have also commented on BURBY. Zacks Investment Research lowered shares of Burberry Group from a “hold” rating to a “sell” rating in a report on Friday, May 3rd. Bank of America lowered shares of Burberry Group from a “neutral” rating to an “underperform” rating in a report on Wednesday, April 3rd. Sanford C. Bernstein assumed coverage on shares of Burberry Group in a report on Wednesday, April 17th. They issued an “underperform” rating for the company. Finally, Goldman Sachs Group lowered shares of Burberry Group from a “neutral” rating to a “sell” rating in a report on Tuesday, March 5th. Two investment analysts have rated the stock with a sell rating and six have assigned a hold rating to the company. Burberry Group currently has an average rating of “Hold” and a consensus price target of $27.00.
Shares of BURBY opened at $23.75 on Monday. Burberry Group has a 1-year low of $20.65 and a 1-year high of $30.19. The stock has a market cap of $9.61 billion, a P/E ratio of 21.40, a P/E/G ratio of 2.32 and a beta of 0.83.
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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