Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $14.95, but opened at $14.04. Burberry Group shares last traded at $13.96, with a volume of 2,639 shares traded.
Wall Street Analyst Weigh In
Separately, Berenberg Bank raised Burberry Group to a “hold” rating in a report 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’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.
Check Out Our Latest Research Report on Burberry Group
Burberry Group Stock Down 0.5%
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.
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