Parmalat SpA (BIT: PLT)‘s stock had its “buy” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Thursday. They currently have a $3.20 (€2) price target on the stock.

A number of other analysts have also recently weighed in on PLT. Analysts at Banca IMI reiterated a “hold” rating on shares of Parmalat SpA in a research note to investors on Tuesday. They now have a $2.53 price target on the stock. Separately, analysts at Banca Akros reiterated a “hold” rating on shares of Parmalat SpA in a research note to investors on Monday. They now have a $2.57 price target on the stock. Finally, analysts at Banca Akros reiterated a “hold” rating on shares of Parmalat SpA in a research note to investors on Monday, December 31st. They now have a $2.50 price target on the stock.

Shares of Parmalat SpA traded up 0.22% during mid-day trading on Thursday, hitting €1.8470. Parmalat SpA has a 52 week low of €1.3680 and a 52 week high of €1.9200. The stock’s 50-day moving average is currently €1.70. The company has a market cap of €3.253 billion and a P/E ratio of 15.36.

Parmalat SpA is an Italy-based company engaged in the production and distribution of food and beverages.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.