Burberry Group (OTCMKTS:BURBY) Rating Increased to Strong-Buy at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to a strong-buy rating in a research report sent to investors on Wednesday, Zacks.com reports.

A number of other analysts have also weighed in on BURBY. Jefferies Financial Group lowered shares of Burberry Group from a “hold” rating to an “underperform” rating in a report on Friday, September 20th. Citigroup upgraded shares of Burberry Group to a “hold” rating in a report on Tuesday, October 1st.

Burberry Group Stock Up 2.8 %

Burberry Group stock opened at $10.07 on Wednesday. The company has a current ratio of 1.66, a quick ratio of 1.07 and a debt-to-equity ratio of 0.26. The firm has a 50-day moving average of $8.73 and a 200-day moving average of $10.97. Burberry Group has a 1-year low of $7.38 and a 1-year high of $21.67.

About Burberry Group

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 provides womenswear, menswear, childrenswear, beauty, eyewear, shoes, and accessories, as well as leather goods, such as bags.