Burberry Group PLC (OTCMKTS:BURBY) Receives Consensus Rating of "Buy" from Brokerages

Key Points

• Burberry Group PLC has received an average rating of "Buy" from eight brokerages, with five analysts assigning a strong buy rating.
• The stock price of Burberry opened at $16.59, with a one-year range between $7.38 and $18.55.
• Recent upgrades from major firms include UBS Group and Citigroup, both elevating their ratings to "strong buy".

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

BURBY has been the subject of a number of research analyst reports. UBS Group upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Barclays raised shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Tuesday, May 27th. Finally, Citigroup raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research note on Thursday, May 1st.

Burberry Group Price Performance

Shares of Burberry Group stock opened at $16.59 on Friday. Burberry Group has a one year low of $7.38 and a one year high of $18.55. The stock's fifty day moving average is $16.26 and its 200 day moving average is $13.44. The company has a quick ratio of 0.88, a current ratio of 1.18 and a debt-to-equity ratio of 0.44.

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.

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