Burberry Group PLC (OTCMKTS:BURBY) Receives Average Rating of "Buy" from Analysts

Key Points

• Burberry Group PLC (OTCMKTS:BURBY) has received a consensus rating of "Buy" from eight research firms, with five analysts giving it a strong buy rating.
• Notable upgrades include Barclays changing its rating from "strong sell" to "hold", and Citigroup and UBS both upgraded to "strong-buy".
• The company's stock currently trades at $18.35, with a fifty-two week low of $7.38 and a high of $18.55.

Shares of Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) have been given an average recommendation of "Buy" by the eight brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, one has given a hold recommendation, one has given a buy recommendation and five have given a strong buy recommendation to the company.

A number of equities research analysts have commented on BURBY shares. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. Finally, Citigroup upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st.

Burberry Group Stock Performance

OTCMKTS BURBY traded up $0.02 during trading on Tuesday, reaching $17.06. 14,997 shares of the company's stock were exchanged, compared to its average volume of 79,943. Burberry Group has a fifty-two week low of $7.38 and a fifty-two week high of $18.55. 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 company's fifty day simple moving average is $15.67 and its 200-day simple moving average is $13.14.

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.