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

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

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

Burberry Group Price Performance

BURBY opened at $13.62 on Wednesday. The business has a 50 day simple moving average of $13.24 and a 200-day simple moving average of $10.96. Burberry Group has a 12 month low of $7.38 and a 12 month high of $16.86. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.77.

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.