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

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".

Burberry Group PLC (OTCMKTS:BURBY - Get Free Report) has received an average rating of "Buy" from the eight ratings firms that are covering the stock, Marketbeat 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 issued a strong buy recommendation on the company.

Several brokerages have weighed in on BURBY. Barclays raised shares of Burberry Group from a "strong sell" rating to a "hold" rating in a research report on Tuesday, May 27th. UBS Group raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 15th. Finally, Citigroup raised shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 1st.

Burberry Group Stock Up 1.1%

BURBY traded up $0.20 during trading on Friday, hitting $17.88. 109,485 shares of the stock traded hands, compared to its average volume of 84,300. 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 firm has a 50-day moving average of $16.49 and a 200 day moving average of $13.51. Burberry Group has a 12-month low of $7.38 and a 12-month high of $18.55.

Burberry Group Company Profile

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.