Burberry Group (OTCMKTS:BURBY) Raised to Strong-Buy at Kepler Capital Markets

Burberry Group (OTCMKTS:BURBY) was upgraded by equities researchers at Kepler Capital Markets from a “hold” rating to a “strong-buy” rating in a note issued to investors on Wednesday,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Sanford C. Bernstein raised Burberry Group from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 30th. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a research report on Friday, November 15th. Finally, Royal Bank of Canada raised Burberry Group from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 6th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat, Burberry Group has an average rating of “Moderate Buy”.

Burberry Group Trading Down 1.4 %

Shares of OTCMKTS:BURBY opened at $13.62 on Wednesday. The company has a quick ratio of 0.77, a current ratio of 1.29 and a debt-to-equity ratio of 0.33. Burberry Group has a 52 week low of $7.38 and a 52 week high of $16.86. The business has a fifty day simple moving average of $13.24 and a 200-day simple moving average of $10.96.

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.