Burberry Group plc (LON:BRBY - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 844.73 ($10.67) and traded as high as GBX 1,137.50 ($14.37). Burberry Group shares last traded at GBX 1,131.89 ($14.30), with a volume of 976,129 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Royal Bank of Canada lifted their target price on shares of Burberry Group from GBX 1,000 ($12.63) to GBX 1,300 ($16.42) and gave the company an "outperform" rating in a research note on Tuesday, January 28th.
Read Our Latest Report on BRBY
Burberry Group Price Performance
The stock's 50 day moving average price is GBX 1,054.10 and its two-hundred day moving average price is GBX 847.15. The company has a debt-to-equity ratio of 136.53, a current ratio of 1.66 and a quick ratio of 1.63. The firm has a market capitalization of £3.80 billion, a price-to-earnings ratio of 14.08, a PEG ratio of 1.66 and a beta of 1.06.
Burberry Group Company Profile
(
Get Free Report)
Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.
Featured Stories
Before you consider Burberry Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Burberry Group wasn't on the list.
While Burberry Group currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Options trading isn’t just for the Wall Street elite; it’s an accessible strategy for anyone armed with the proper knowledge. Think of options as a strategic toolkit, with each tool designed for a specific financial task. Get this report to learn how options trading can help you use the market’s volatility to your advantage.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
