Burberry Group (OTCMKTS:BURBY) Upgraded by Kepler Capital Markets to "Strong-Buy" Rating

Kepler Capital Markets upgraded shares of Burberry Group (OTCMKTS:BURBY - Free Report) from a hold rating to a strong-buy rating in a report released on Wednesday, February 26th,Zacks.com reports.

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

Burberry Group Stock Performance

BURBY stock traded up $0.09 during midday trading on Wednesday, reaching $13.98. 76,846 shares of the company's stock traded hands, compared to its average volume of 78,407. The company has a 50-day moving average price of $13.31 and a two-hundred day moving average price of $11.06. Burberry Group has a 52 week low of $7.38 and a 52 week high of $16.69. The company has a current ratio of 1.29, a quick ratio of 0.77 and a debt-to-equity ratio of 0.33.

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.