Burberry Group (OTCMKTS:BURBY) Raised to “Hold” at Citigroup

Citigroup upgraded shares of Burberry Group (OTCMKTS:BURBY) to a hold rating in a report released on Tuesday, Zacks.com reports.

Separately, Jefferies Financial Group downgraded Burberry Group from a hold rating to an underperform rating in a research report on Friday, September 20th.

Burberry Group Stock Down 5.1 %

Shares of OTCMKTS:BURBY opened at $8.33 on Tuesday. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. Burberry Group has a 1 year low of $7.38 and a 1 year high of $22.55. The business has a fifty day simple moving average of $8.80 and a 200 day simple moving average of $11.84.

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.