Burberry Group plc (OTCMKTS:BURBY) Receives Average Rating of “Buy” from Analysts

Shares of Burberry Group plc (OTCMKTS:BURBY) have earned a consensus recommendation of “Buy” from the seven brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell rating, one has assigned a buy rating and five have assigned a strong buy rating to the company.

Several equities research analysts have recently commented on the company. Citigroup raised Burberry Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, May 1st. UBS Group raised Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 15th. BNP Paribas raised Burberry Group to a “strong-buy” rating in a research report on Tuesday, March 11th. Finally, Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th.

Burberry Group Stock Up 1.6%

OTCMKTS BURBY opened at $13.52 on Thursday. Burberry Group has a 12 month low of $7.38 and a 12 month high of $15.49. The company’s 50 day simple moving average is $10.07 and its 200 day simple moving average is $11.68. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33.

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.