Berenberg Bank assumed coverage on shares of Burberry Group PLC (OTC:BURBY) in a research report sent to investors on Thursday. The brokerage issued a buy rating on the stock.

Burberry Group PLC (OTC:BURBY) traded up 1.50% during trading on Thursday, hitting $18.95. The company had a trading volume of 1,332 shares. The firm’s 50 day moving average is $17.77 and its 200-day moving average is $17.15. The stock has a market capitalization of $8.37 billion, a price-to-earnings ratio of 21.49 and a beta of 1.12. Burberry Group PLC has a 52-week low of $13.88 and a 52-week high of $22.50.

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