Burberry Group (OTCMKTS:BURBY) Share Price Passes Below Fifty Day Moving Average of $23.78

Share on StockTwits

Burberry Group plc (OTCMKTS:BURBY) shares passed below its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $23.78 and traded as low as $22.28. Burberry Group shares last traded at $22.53, with a volume of 258,184 shares.

A number of equities analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Burberry Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 22nd. Sanford C. Bernstein upgraded shares of Burberry Group from an “underperform” rating to a “market perform” rating in a research report on Tuesday, May 21st. Bryan, Garnier & Co upgraded shares of Burberry Group from a “sell” rating to a “neutral” rating in a research report on Monday, May 20th. Bank of America lowered shares of Burberry Group from a “neutral” rating to an “underperform” rating in a research report on Wednesday, April 3rd. Finally, Goldman Sachs Group lowered shares of Burberry Group from a “neutral” rating to a “sell” rating in a research report on Tuesday, March 5th. Two research analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $27.00.

The stock has a market capitalization of $9.05 billion, a PE ratio of 21.11, a P/E/G ratio of 2.31 and a beta of 0.97.

TRADEMARK VIOLATION NOTICE: “Burberry Group (OTCMKTS:BURBY) Share Price Passes Below Fifty Day Moving Average of $23.78” was first posted by Ticker Report and is the property of of Ticker Report. If you are viewing this piece on another website, it was illegally stolen and reposted in violation of U.S. & international copyright legislation. The original version of this piece can be viewed at https://www.tickerreport.com/banking-finance/4380216/burberry-group-otcmktsburby-share-price-passes-below-fifty-day-moving-average-of-23-78.html.

Burberry Group Company Profile (OTCMKTS:BURBY)

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.

Recommended Story: Rule of 72

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.



Latest News

Energy Transfer LP Unit  Rating Increased to Buy at Zacks Investment Research
Energy Transfer LP Unit Rating Increased to Buy at Zacks Investment Research
Exponent  Rating Lowered to Hold at Zacks Investment Research
Exponent Rating Lowered to Hold at Zacks Investment Research
Endeavour Silver  Stock Rating Lowered by Zacks Investment Research
Endeavour Silver Stock Rating Lowered by Zacks Investment Research
Fibrocell Science  Stock Rating Upgraded by Zacks Investment Research
Fibrocell Science Stock Rating Upgraded by Zacks Investment Research
Zacks Investment Research Upgrades Phoenix New Media  to “Hold”
Zacks Investment Research Upgrades Phoenix New Media to “Hold”
Zacks Investment Research Downgrades Forum Energy Technologies  to Hold
Zacks Investment Research Downgrades Forum Energy Technologies to Hold


© 2006-2019 Ticker Report