Credit Suisse Group Reaffirms “Neutral” Rating for Burberry Group (BURBY)

Burberry Group (OTCMKTS:BURBY)‘s stock had its “neutral” rating reissued by analysts at Credit Suisse Group in a report released on Friday.

Several other research firms have also recently commented on BURBY. Zacks Investment Research cut shares of Burberry Group from a “hold” rating to a “sell” rating in a research report on Wednesday, November 28th. Berenberg Bank lowered shares of Burberry Group from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Bank of America raised shares of Burberry Group from an “underperform” rating to a “neutral” rating in a research note on Monday, January 14th. Finally, HSBC raised shares of Burberry Group from a “reduce” rating to a “hold” rating in a research note on Friday, October 26th. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. Burberry Group has a consensus rating of “Hold” and a consensus target price of $27.00.

OTCMKTS BURBY traded up $0.16 on Friday, hitting $24.57. The stock had a trading volume of 3,383 shares, compared to its average volume of 55,971. Burberry Group has a one year low of $20.43 and a one year high of $30.19. The stock has a market cap of $10.03 billion, a price-to-earnings ratio of 22.14, a price-to-earnings-growth ratio of 2.50 and a beta of 0.84.

Burberry Group Company Profile

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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