Burberry Group plc (OTCMKTS:BURBY) Receives Consensus Rating of “Buy” from Brokerages

Burberry Group plc (OTCMKTS:BURBY) has received an average recommendation of “Buy” from the eight research firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has issued a buy rating and five have assigned a strong buy rating to the company.

A number of brokerages have recently weighed in on BURBY. BNP Paribas upgraded Burberry Group to a “strong-buy” rating in a report on Tuesday, March 11th. Barclays upgraded Burberry Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 27th. Citigroup upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 1st. Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. Finally, UBS Group upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 15th.

Burberry Group Stock Down 2.5%

Shares of OTCMKTS BURBY opened at $14.52 on Monday. Burberry Group has a twelve month low of $7.38 and a twelve month high of $15.49. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33. The business has a 50 day simple moving average of $10.84 and a 200-day simple moving average of $11.99.

About Burberry Group

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.