Burberry Group PLC (BURBY) Upgraded at Credit Suisse Group

Burberry Group PLC (OTCMKTS:BURBY) was upgraded by equities research analysts at Credit Suisse Group from a “neutral” rating to an “outperform” rating in a research report issued to clients and investors on Friday, September 8th, MarketBeat Ratings reports.

BURBY has been the topic of a number of other research reports. Maxim Group set a $24.00 price target on Burberry Group PLC and gave the company a “buy” rating in a research note on Thursday, May 11th. ValuEngine cut Burberry Group PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and four have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $23.50.

Shares of Burberry Group PLC (OTCMKTS:BURBY) opened at 23.86 on Friday. The firm’s 50-day moving average price is $23.31 and its 200 day moving average price is $22.34. Burberry Group PLC has a 52 week low of $17.22 and a 52 week high of $23.99. The stock has a market capitalization of $10.38 billion, a P/E ratio of 28.44 and a beta of 1.12.

COPYRIGHT VIOLATION NOTICE: This story was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another website, it was illegally copied and republished in violation of US and international copyright and trademark laws. The original version of this story can be accessed at https://ledgergazette.com/2017/09/17/burberry-group-plc-burby-rating-increased-to-outperform-at-credit-suisse-group.html.

Burberry Group PLC Company Profile

Burberry Group plc, together with its subsidiaries, designs, develops, manufactures, and sells luxury goods under the Burberry brand for men, women, and children. The company operates in two segments, Retail/Wholesale and Licensing. It offers product in the categories of apparel; accessories, such as women's handbags and small leather goods; and beauty, as well as eyewear and watches.

Analyst Recommendations for Burberry Group PLC (OTCMKTS:BURBY)

Receive News & Ratings for Burberry Group PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Burberry Group PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply