Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) saw an uptick in trading volume on Thursday . Approximately 107,671 shares traded hands during trading, an increase of 96% from the previous session’s volume of 54,880 shares.The stock last traded at $14.45 and had previously closed at $14.70.
Analysts Set New Price Targets
Separately, Berenberg Bank upgraded Burberry Group to a “hold” rating in a research note on Tuesday, May 5th. One research 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, the company has an average rating of “Buy”.
Check Out Our Latest Stock Analysis on Burberry Group
Burberry Group Trading Down 1.9%
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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