Burberry Group (OTCMKTS:BURBY) Downgraded by ValuEngine

ValuEngine downgraded shares of Burberry Group (OTCMKTS:BURBY) from a hold rating to a sell rating in a report released on Friday morning, ValuEngine reports.

Several other equities research analysts also recently commented on BURBY. Sanford C. Bernstein downgraded shares of Burberry Group from a market perform rating to an underperform rating in a report on Tuesday, August 6th. Bryan, Garnier & Co raised shares of Burberry Group from a sell rating to a neutral rating in a report on Monday, May 20th. Zacks Investment Research raised shares of Burberry Group from a hold rating to a buy rating and set a $33.00 price objective on the stock in a report on Thursday, July 18th. Goldman Sachs Group raised shares of Burberry Group from a sell rating to a neutral rating and set a $22.76 price objective on the stock in a report on Thursday, June 27th. Finally, Jefferies Financial Group downgraded shares of Burberry Group from a hold rating to an underperform rating in a report on Wednesday, July 17th. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the stock. The company has an average rating of Hold and an average target price of $27.88.

OTCMKTS BURBY opened at $25.90 on Friday. Burberry Group has a 52 week low of $20.65 and a 52 week high of $30.19. The firm’s 50-day simple moving average is $26.57 and its two-hundred day simple moving average is $25.24.

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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