ValuEngine Upgrades Burberry Group (OTCMKTS:BURBY) to “Hold”

ValuEngine upgraded shares of Burberry Group (OTCMKTS:BURBY) from a sell rating to a hold rating in a research note issued to investors on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research cut shares of Burberry Group from a strong-buy rating to a hold rating in a research report on Tuesday, December 17th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. Burberry Group currently has an average rating of Hold and a consensus target price of $27.38.

OTCMKTS:BURBY opened at $26.44 on Tuesday. The company has a 50-day moving average price of $28.31 and a 200-day moving average price of $27.30. Burberry Group has a 12 month low of $21.65 and a 12 month high of $30.91. The company has a quick ratio of 1.11, a current ratio of 1.69 and a debt-to-equity ratio of 0.69.

The firm also recently declared a Semi-Annual dividend, which was paid on Friday, February 7th. Investors of record on Friday, December 20th were paid a $0.136 dividend. This is a positive change from Burberry Group’s previous Semi-Annual dividend of $0.13. The ex-dividend date of this dividend was Thursday, December 19th. Burberry Group’s dividend payout ratio (DPR) is presently 26.17%.

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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