Burberry Group Plc Receives Average Recommendation of “Hold” from Brokerages (NASDAQ:BURBY)

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Burberry Group Plc (NASDAQ:BURBY) has received an average rating of “Hold” from the eight analysts that are presently covering the company, AnalystRatingsNetwork.com reports. Six analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company.

Shares of Burberry Group Plc (NASDAQ:BURBY) traded down 1.85% during mid-day trading on Friday, hitting $50.48. The stock had a trading volume of 386 shares. Burberry Group Plc has a 52 week low of $39.09 and a 52 week high of $53.79. The stock has a 50-day moving average of $49.43 and a 200-day moving average of $48.89. The company has a market cap of $11.042 billion and a P/E ratio of 24.28.

A number of analysts have recently weighed in on BURBY shares. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Burberry Group Plc in a research note on Thursday. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Burberry Group Plc in a research note on Wednesday. Finally, analysts at Barclays reiterated an “equal weight” rating on shares of Burberry Group Plc in a research note on Monday.

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