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

Shares of Burberry Group plc (OTCMKTS:BURBY) have been given a consensus rating of “Buy” by the eight ratings firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating, one has assigned a buy rating and five have given a strong buy rating to the company.

BURBY has been the subject of a number of analyst reports. Kepler Capital Markets upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. Citigroup upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 1st. Barclays upgraded shares of Burberry Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, May 27th. BNP Paribas upgraded shares of Burberry Group to a “strong-buy” rating in a report on Tuesday, March 11th. Finally, UBS Group raised shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 15th.

Burberry Group Trading Down 2.5%

Shares of BURBY stock opened at $14.52 on Monday. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33. Burberry Group has a 1 year low of $7.38 and a 1 year high of $15.49. The stock has a fifty day moving average of $10.84 and a two-hundred day moving average of $11.99.

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.