Burberry Group (OTCMKTS:BURBY) Raised to Strong-Buy at BNP Paribas

BNP Paribas upgraded shares of Burberry Group (OTCMKTS:BURBY - Free Report) to a strong-buy rating in a research report released on Tuesday,Zacks.com reports.

A number of other equities research analysts also recently issued reports on the company. UBS Group upgraded Burberry Group from a "strong sell" rating to a "hold" rating in a research note on Friday, November 15th. Kepler Capital Markets upgraded shares of Burberry Group from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 26th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, one has assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy".

Burberry Group Stock Down 3.3 %

OTCMKTS BURBY traded down $0.41 during mid-day trading on Tuesday, reaching $11.93. The stock had a trading volume of 79,033 shares, compared to its average volume of 71,405. The company has a fifty day moving average price of $13.49 and a 200 day moving average price of $11.28. Burberry Group has a 1 year low of $7.38 and a 1 year high of $16.36. 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.