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

Kepler Capital Markets upgraded shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to a strong-buy rating in a research report report published on Wednesday,Zacks.com reports.

BURBY has been the subject of a number of other reports. Royal Bank of Canada raised shares of Burberry Group from a “sector perform” rating to an “outperform” rating in a research report on Wednesday, November 6th. UBS Group raised Burberry Group from a “strong sell” rating to a “hold” rating in a report on Friday, November 15th. Finally, Sanford C. Bernstein upgraded Burberry Group from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, two have issued a hold rating, one has given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

Burberry Group Trading Down 1.4 %

Shares of OTCMKTS:BURBY opened at $13.62 on Wednesday. The firm has a 50 day simple moving average of $13.24 and a 200-day simple moving average of $10.96. Burberry Group has a twelve month low of $7.38 and a twelve month high of $16.86. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.77 and a current ratio of 1.29.

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.