Burberry Group (BURBY) Lifted to Buy at Societe Generale
Separately, UBS Group lowered Burberry Group from a buy rating to a neutral rating in a research note on Friday, November 10th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the company’s stock. Burberry Group has a consensus rating of Hold and an average target price of $26.00.
Burberry Group (BURBY) traded up $1.09 during midday trading on Friday, hitting $23.21. The company’s stock had a trading volume of 23,058 shares, compared to its average volume of 51,642. Burberry Group has a twelve month low of $20.27 and a twelve month high of $26.76.
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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.
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