Separately, Zacks Investment Research lowered shares of Burberry Group from a strong-buy rating to a hold rating in a report on Tuesday, December 17th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. Burberry Group currently has a consensus rating of Hold and a consensus target price of $27.38.
Shares of OTCMKTS:BURBY opened at $26.44 on Tuesday. The company’s fifty day moving average price is $28.31 and its 200-day moving average price is $27.30. Burberry Group has a one year low of $21.65 and a one year high of $30.91. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.69 and a quick ratio of 1.11.
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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