Burberry Group (OTCMKTS:BURBY) Stock Rating Upgraded by UBS Group

Burberry Group (OTCMKTS:BURBY) was upgraded by analysts at UBS Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Friday,Zacks.com reports.

A number of other equities research analysts have also recently commented on the company. Sanford C. Bernstein raised Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Royal Bank of Canada upgraded shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a report on Wednesday, November 6th. Jefferies Financial Group downgraded Burberry Group from a “hold” rating to an “underperform” rating in a report on Friday, September 20th. Finally, Citigroup raised Burberry Group to a “hold” rating in a research report on Tuesday, October 1st. One analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

Burberry Group Stock Up 0.5 %

BURBY stock opened at $11.46 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. The firm has a 50 day moving average price of $9.16 and a 200-day moving average price of $10.59. Burberry Group has a 52-week low of $7.38 and a 52-week high of $20.05.

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.