Shares of Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $13.62, but opened at $14.51. Burberry Group shares last traded at $14.49, with a volume of 1,865 shares.
Analysts Set New Price Targets
Separately, Barclays raised Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Three analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, Burberry Group has an average rating of “Strong Buy”.
Check Out Our Latest Analysis on BURBY
Burberry Group Trading Down 0.3%
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.
Further Reading
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