Burberry Group PLC (OTCMKTS:BURBY – Get Free Report)’s stock price fell 6.3% on Monday . The stock traded as low as $16.17 and last traded at $16.17. 4,305 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 63,913 shares. The stock had previously closed at $17.26.
Analyst Ratings Changes
Separately, Barclays raised shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Five analysts have rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy”.
View Our Latest Stock Report on Burberry Group
Burberry Group Stock Down 5.7%
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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