Burberry Group (BURBY) Receives Average Rating of “Hold” from Brokerages

Burberry Group (OTCMKTS:BURBY) has been given an average rating of “Hold” by the six analysts that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $26.00.

Several equities analysts have issued reports on BURBY shares. Credit Suisse Group upgraded shares of Burberry Group from a “neutral” rating to an “outperform” rating in a research note on Friday, September 8th. UBS Group cut shares of Burberry Group from a “buy” rating to a “neutral” rating in a research note on Friday, November 10th.

Burberry Group (OTCMKTS:BURBY) opened at $24.03 on Friday. Burberry Group has a one year low of $17.91 and a one year high of $26.76.

The business also recently announced a None dividend, which will be paid on Friday, February 9th. Shareholders of record on Friday, December 22nd will be paid a dividend of $0.136 per share. The ex-dividend date is Thursday, December 21st.

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About Burberry Group

Burberry Group plc, together with its subsidiaries, designs, develops, manufactures, and sells luxury goods under the Burberry brand for men, women, and children. The company operates in two segments, Retail/Wholesale and Licensing. It offers product in the categories of apparel; accessories, such as women's handbags and small leather goods; and beauty, as well as eyewear and watches.

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