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

BNP Paribas upgraded shares of Burberry Group (OTCMKTS:BURBYFree Report) 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”.

Read Our Latest Analysis on Burberry Group

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

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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.

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