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 report issued on Tuesday morning, ValuEngine reports.

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.

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

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

Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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