Burberry Group (OTCMKTS:BURBY - Get Free Report) was upgraded by investment analysts at Barclays from a "strong sell" rating to a "hold" rating in a note issued to investors on Tuesday,Zacks.com reports.
Other research analysts also recently issued reports about the company. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 15th. Kepler Capital Markets raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st. Finally, BNP Paribas raised Burberry Group to a "strong-buy" rating in a research note on Tuesday, March 11th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, one has issued a buy rating and five have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy".
Check Out Our Latest Analysis on Burberry Group
Burberry Group Trading Up 2.1%
Shares of OTCMKTS:BURBY traded up $0.28 during trading on Tuesday, reaching $13.89. The stock had a trading volume of 10,754 shares, compared to its average volume of 91,371. 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 business has a fifty day moving average price of $10.34 and a 200-day moving average price of $11.82. Burberry Group has a fifty-two week low of $7.38 and a fifty-two week high of $15.49.
About Burberry Group
(
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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.
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