UBS Group Upgrades Burberry Group (OTCMKTS:BURBY) to Hold

UBS Group upgraded shares of Burberry Group (OTCMKTS:BURBY) from a strong sell rating to a hold rating in a research report sent to investors on Friday,Zacks.com reports.

Several other equities research analysts also recently issued reports on BURBY. Royal Bank of Canada upgraded shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research note on Wednesday, November 6th. Jefferies Financial Group downgraded shares of Burberry Group from a “hold” rating to an “underperform” rating in a research note on Friday, September 20th. Sanford C. Bernstein upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. Finally, Citigroup upgraded shares of Burberry Group to a “hold” rating in a research note 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 assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold”.

Burberry Group Price Performance

Burberry Group stock opened at $11.46 on Friday. Burberry Group has a 1 year low of $7.38 and a 1 year high of $20.05. The firm has a 50 day moving average price of $9.16 and a 200 day moving average price of $10.59. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66.

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.