Burberry Group plc (OTCMKTS:BURBY) Receives Consensus Recommendation of “Hold” from Analysts

Burberry Group plc (OTCMKTS:BURBY) has been assigned an average recommendation of “Hold” from the five ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, one has given a buy recommendation and one has issued a strong buy recommendation on the company.

Several brokerages have weighed in on BURBY. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a research note on Friday, November 15th. Kepler Capital Markets upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday. Finally, Royal Bank of Canada upgraded shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 6th.

Burberry Group Stock Performance

Shares of OTCMKTS:BURBY opened at $13.62 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29. The firm’s 50 day moving average is $13.24 and its two-hundred day moving average is $10.96. Burberry Group has a 52 week low of $7.38 and a 52 week high of $16.86.

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.