Burberry Group plc (OTCMKTS:BURBY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Burberry Group plc (OTCMKTS:BURBY) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, one has assigned a buy recommendation and three have assigned a strong buy recommendation to the company.

A number of brokerages have recently weighed in on BURBY. BNP Paribas upgraded Burberry Group to a “strong-buy” rating in a research note on Tuesday, March 11th. Kepler Capital Markets upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 26th.

Burberry Group Price Performance

Shares of BURBY stock opened at $10.38 on Wednesday. The business’s fifty day simple moving average is $13.33 and its 200-day simple moving average is $11.42. Burberry Group has a 12-month low of $7.38 and a 12-month high of $15.84. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33.

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.