Equities research analysts at Berenberg Bank started coverage on shares of Burberry Group PLC (OTCMKTS:BURBY) in a note issued to investors on Thursday. The firm set a “buy” rating on the stock.

A number of other equities research analysts also recently weighed in on the stock. Zacks Investment Research upgraded shares of Burberry Group PLC from a “hold” rating to a “buy” rating and set a $21.00 price target for the company in a research report on Monday. RBC Capital Markets upgraded shares of Burberry Group PLC from an “underperform” rating to a “hold” rating in a research report on Friday, September 30th. BNP Paribas reiterated a “neutral” rating on shares of Burberry Group PLC in a research report on Wednesday, August 3rd. Beaufort Securities reiterated a “hold” rating on shares of Burberry Group PLC in a research report on Tuesday, August 2nd. Finally, Citigroup Inc. reiterated a “neutral” rating on shares of Burberry Group PLC in a research report on Tuesday, July 12th. One analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating to the company’s stock. Burberry Group PLC currently has a consensus rating of “Hold” and a consensus price target of $20.00.

Analyst Recommendations for Burberry Group PLC (OTCMKTS:BURBY)

Burberry Group PLC (OTCMKTS:BURBY) opened at 18.81 on Thursday. 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 price of $17.75 and a 200-day moving average price of $17.14. The firm has a market cap of $8.31 billion, a P/E ratio of 21.33 and a beta of 1.12.

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