Burberry Group (OTCMKTS:BURBY - Get Free Report) was upgraded by Sanford C. Bernstein from a "hold" rating to a "strong-buy" rating in a research report issued to clients and investors on Wednesday, Zacks.com reports.
A number of other brokerages also recently weighed in on BURBY. Citigroup upgraded Burberry Group to a "hold" rating in a research note on Tuesday, October 1st. Jefferies Financial Group downgraded shares of Burberry Group from a "hold" rating to an "underperform" rating in a report on Friday, September 20th.
View Our Latest Stock Analysis on BURBY
Burberry Group Stock Up 2.8 %
Shares of BURBY stock traded up $0.27 on Wednesday, hitting $10.07. The stock had a trading volume of 200,612 shares, compared to its average volume of 142,367. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.07 and a current ratio of 1.66. The business has a 50 day moving average of $8.73 and a 200 day moving average of $10.97. Burberry Group has a 12-month low of $7.38 and a 12-month high of $21.67.
About Burberry Group
(
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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.
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