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Burberry Group (OTCMKTS:BURBY) Sets New 52-Week High - Still a Buy?

Burberry Group logo with Retail/Wholesale background

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $15.50 and last traded at $15.50, with a volume of 12802 shares trading hands. The stock had previously closed at $14.80.

Analyst Ratings Changes

A number of equities analysts have issued reports on the stock. Citigroup upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. UBS Group upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 15th. Barclays upgraded shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. Finally, BNP Paribas upgraded Burberry Group to a "strong-buy" rating in a research note on Tuesday, March 11th. One 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 given a strong buy rating to the company's stock. According to MarketBeat.com, Burberry Group has a consensus rating of "Buy".

Read Our Latest Analysis on Burberry Group

Burberry Group Price Performance

The company has a current ratio of 1.18, a quick ratio of 0.88 and a debt-to-equity ratio of 0.44. The business's fifty day moving average is $12.56 and its 200-day moving average is $12.28.

Burberry Group Company Profile

(Get Free Report)

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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