Burberry Group (OTCMKTS:BURBY) Upgraded 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 report published on Wednesday, Zacks.com reports.

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

Burberry Group Price Performance

OTCMKTS BURBY opened at $10.07 on Wednesday. Burberry Group has a 12 month low of $7.38 and a 12 month high of $21.67. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.66 and a quick ratio of 1.07. The stock’s fifty day moving average price is $8.73 and its 200-day moving average price is $10.97.

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.