Burberry Group plc (OTCMKTS:BURBY) Given Consensus Recommendation of “Hold” by Analysts

Shares of Burberry Group plc (OTCMKTS:BURBY) have been assigned an average recommendation of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $30.00.

Several brokerages recently commented on BURBY. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Burberry Group in a report on Monday, March 15th. Societe Generale restated a “buy” rating on shares of Burberry Group in a report on Monday, March 15th. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Burberry Group in a report on Monday, March 15th. Berenberg Bank began coverage on Burberry Group in a report on Tuesday, February 2nd. They set a “hold” rating on the stock. Finally, The Goldman Sachs Group upgraded Burberry Group from a “sell” rating to a “neutral” rating in a report on Thursday, February 4th.

BURBY stock traded up $0.41 during trading on Wednesday, hitting $29.19. The company had a trading volume of 33,625 shares, compared to its average volume of 42,253. The business has a 50-day moving average of $27.42 and a 200-day moving average of $23.85. Burberry Group has a one year low of $15.59 and a one year high of $30.56. The stock has a market cap of $11.82 billion, a PE ratio of 28.50 and a beta of 1.31. The company has a current ratio of 1.95, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23.

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 offers women, men, and children apparels, as well as accessories. The company also licenses third parties to manufacture and distribute products using the Burberry trademarks.

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Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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