Burberry Group PLC (BURBY) Coverage Initiated by Analysts at Berenberg Bank

Berenberg Bank initiated coverage on shares of Burberry Group PLC (OTC:BURBY) in a report published on Thursday. The brokerage issued a buy rating on the stock.

Shares of Burberry Group PLC (OTC:BURBY) traded up 1.50% during trading on Thursday, reaching $18.95. 1,332 shares of the company’s stock traded hands. Burberry Group PLC has a 1-year low of $13.88 and a 1-year high of $22.50. The stock has a 50-day moving average of $17.77 and a 200-day moving average of $17.15. The company has a market capitalization of $8.37 billion, a price-to-earnings ratio of 21.49 and a beta of 1.12.

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