Burberry Group (OTCMKTS:BURBY) Upgraded at UBS Group

Burberry Group (OTCMKTS:BURBY - Get Free Report) was upgraded by UBS Group from a "strong sell" rating to a "hold" rating in a note issued to investors on Friday,Zacks.com reports.

Several other research firms have also recently weighed in on BURBY. Royal Bank of Canada upgraded Burberry Group from a "sector perform" rating to an "outperform" rating in a report on Wednesday, November 6th. Citigroup raised shares of Burberry Group to a "hold" rating in a report on Tuesday, October 1st. Jefferies Financial Group downgraded shares of Burberry Group from a "hold" rating to an "underperform" rating in a research note on Friday, September 20th. Finally, Sanford C. Bernstein upgraded Burberry Group from a "hold" rating to a "strong-buy" rating in a report on Wednesday, October 30th. One research analyst has rated the stock with a sell rating, two have given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold".

Burberry Group Stock Performance

BURBY stock traded down $0.56 during mid-day trading on Friday, hitting $10.90. The company had a trading volume of 40,563 shares, compared to its average volume of 151,840. The company has a 50-day moving average price of $9.16 and a 200 day moving average price of $10.59. The company has a quick ratio of 1.07, a current ratio of 1.66 and a debt-to-equity ratio of 0.26. Burberry Group has a 12-month low of $7.38 and a 12-month high of $20.05.

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.