Burberry Group plc (OTCMKTS:BURBY) Receives Consensus Recommendation of "Buy" from Brokerages

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

A number of equities research analysts have recently weighed in on the company. Kepler Capital Markets upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. Barclays upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group raised Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Thursday, May 15th. Citigroup raised Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st. Finally, BNP Paribas upgraded shares of Burberry Group to a "strong-buy" rating in a research report on Tuesday, March 11th.

Burberry Group Price Performance

BURBY stock traded down $0.38 during trading on Monday, hitting $14.52. The company had a trading volume of 17,521 shares, compared to its average volume of 88,851. The firm has a 50-day moving average price of $10.84 and a 200-day moving average price of $11.99. Burberry Group has a 12 month low of $7.38 and a 12 month high of $15.49. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29.

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.