Burberry Group plc (BURBY) Given Average Rating of “Hold” by Analysts

Burberry Group plc (OTCMKTS:BURBY) has received an average recommendation of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company.

Several research analysts recently weighed in on the company. Berenberg Bank cut Burberry Group from a “buy” rating to a “hold” rating in a research note on Thursday, January 10th. Zacks Investment Research raised Burberry Group from a “sell” rating to a “hold” rating in a research note on Friday, November 9th. HSBC raised Burberry Group from a “reduce” rating to a “hold” rating in a research note on Friday, October 26th. Credit Suisse Group reaffirmed a “neutral” rating on shares of Burberry Group in a research note on Friday. Finally, Bank of America raised Burberry Group from an “underperform” rating to a “neutral” rating in a research note on Monday, January 14th.

Shares of OTCMKTS:BURBY traded up $0.00 on Monday, hitting $24.73. The company’s stock had a trading volume of 22,666 shares, compared to its average volume of 56,207. Burberry Group has a 12 month low of $20.65 and a 12 month high of $30.19. The stock has a market cap of $10.27 billion, a price-to-earnings ratio of 22.28, a PEG ratio of 2.50 and a beta of 0.84.

The business also recently announced a Semi-Annual dividend, which was paid on Friday, February 8th. Stockholders of record on Friday, December 21st were issued a dividend of $0.132 per share. The ex-dividend date was Thursday, December 20th. Burberry Group’s dividend payout ratio is 24.32%.

About Burberry Group

Burberry Group plc, together with its subsidiaries, manufactures, retails, and wholesales luxury goods for men, women, and children under the Burberry brand name. The company operates in two segments, Retail/Wholesale and Licensing. It offers apparel; accessories, such as women's handbags and small leather goods; and beauty, eyewear and timepieces.

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Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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