Burberry Group (OTCMKTS:BURBY) Raised to “Strong-Buy” at UBS Group

Burberry Group (OTCMKTS:BURBY) was upgraded by equities research analysts at UBS Group from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Thursday,Zacks.com reports.

Several other brokerages have also recently issued reports on BURBY. BNP Paribas raised shares of Burberry Group to a “strong-buy” rating in a report on Tuesday, March 11th. Citigroup upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, May 1st. Finally, Kepler Capital Markets raised shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, one has given a buy rating and five have issued a strong buy rating to the company’s stock. According to MarketBeat.com, Burberry Group has an average rating of “Buy”.

Burberry Group Stock Up 3.7%

OTCMKTS BURBY opened at $13.31 on Thursday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77. The stock’s fifty day moving average price is $10.07 and its 200 day moving average price is $11.64. Burberry Group has a 1 year low of $7.38 and a 1 year high of $15.49.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods under the Burberry brand. The company operates in two segments, Retail/Wholesale and Licensing. It provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.