Shares of Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $14.30, but opened at $14.97. Burberry Group shares last traded at $15.03, with a volume of 952 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Berenberg Bank upgraded shares of Burberry Group to a “hold” rating in a research report on Tuesday, May 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy”.
View Our Latest Stock Report on Burberry Group
Burberry Group Price 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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