Burberry Group PLC (OTCMKTS:BURBY – Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $16.08, but opened at $14.85. Burberry Group shares last traded at $14.98, with a volume of 3,040 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Barclays upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, January 27th. Four analysts have rated the stock with a Strong Buy rating, According to MarketBeat.com, Burberry Group has a consensus rating of “Strong Buy”.
Check Out Our Latest Analysis on Burberry Group
Burberry Group Stock Down 2.6%
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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