Burberry Group (OTCMKTS:BURBY) Upgraded by BNP Paribas to Strong-Buy Rating

BNP Paribas upgraded shares of Burberry Group (OTCMKTS:BURBY) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

Several other analysts have also issued reports on the stock. Kepler Capital Markets upgraded shares of Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 26th. UBS Group upgraded shares of Burberry Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 15th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and three have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy”.

Burberry Group Stock Down 1.6 %

Shares of OTCMKTS BURBY opened at $13.27 on Tuesday. The firm has a 50 day moving average of $13.46 and a 200 day moving average of $11.22. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29. Burberry Group has a 12-month low of $7.38 and a 12-month high of $16.59.

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.