Burberry Group plc (BURBY) Given Consensus Rating of “Hold” by Brokerages

Shares of Burberry Group plc (OTCMKTS:BURBY) have been assigned a consensus rating of “Hold” from the six research firms that are covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the company.

Several equities research analysts recently weighed in on the company. Zacks Investment Research raised Burberry Group from a “hold” rating to a “buy” rating and set a $30.00 price objective on the stock in a report on Saturday, July 14th. Goldman Sachs Group downgraded Burberry Group from a “conviction-buy” rating to a “neutral” rating in a report on Thursday, September 6th. Credit Suisse Group reissued a “neutral” rating on shares of Burberry Group in a report on Friday, September 21st. Finally, HSBC raised Burberry Group from a “reduce” rating to a “hold” rating in a report on Friday, October 26th.

Shares of BURBY opened at $22.32 on Friday. Burberry Group has a 52-week low of $20.43 and a 52-week high of $30.19.

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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Analyst Recommendations for Burberry Group (OTCMKTS:BURBY)

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