Prysmian SpA (BIT: PRY)‘s stock had its “buy” rating reaffirmed by research analysts at Banca Akros in a report released on Friday. They currently have a $20.78 (€16) target price on the stock.

Prysmian SpA opened at 15.3700 on Friday. Prysmian SpA has a 1-year low of €9.0700 and a 1-year high of €15.2300. The company has a market cap of €3.249 billion and a price-to-earnings ratio of 29.67.

PRY has been the subject of a number of other recent research reports. Analysts at AlphaValue reiterated a “buy” rating on shares of Prysmian SpA in a research note to investors on Thursday. They now have a $23.38 price target on the stock. Separately, analysts at Mediobanca SpA reiterated an “outperform” rating on shares of Prysmian SpA in a research note to investors on Monday, October 22nd. They now have a $16.00 price target on the stock.

Prysmian SpA is an Italian company engaged in the development, design, production, supply and installation of cables for the diverse applications in the energy and telecommunications industries.

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