Burberry Group (OTCMKTS:BURBY) Downgraded by ValuEngine to “Sell”

ValuEngine downgraded shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to a sell rating in a research note published on Friday morning, ValuEngine reports.

Several other research firms also recently issued reports on BURBY. Jefferies Financial Group downgraded shares of Burberry Group from a hold rating to an underperform rating in a report on Wednesday, July 17th. Zacks Investment Research upgraded shares of Burberry Group from a hold rating to a buy rating and set a $33.00 price objective on the stock in a report on Thursday, July 18th. Sanford C. Bernstein downgraded shares of Burberry Group from a market perform rating to an underperform rating in a report on Tuesday, August 6th. Bryan, Garnier & Co upgraded shares of Burberry Group from a sell rating to a neutral rating in a report on Monday, May 20th. Finally, Goldman Sachs Group upgraded shares of Burberry Group from a sell rating to a neutral rating and set a $22.76 price objective on the stock in a report on Thursday, June 27th. Four analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. The company has an average rating of Hold and a consensus price target of $27.88.

OTCMKTS:BURBY opened at $26.04 on Friday. The firm’s 50-day moving average is $26.70 and its 200-day moving average is $25.25. Burberry Group has a 52-week low of $20.65 and a 52-week high of $30.19. The company has a market cap of $10.71 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 2.59 and a beta of 1.02.



Burberry Group Company Profile

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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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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