Prysmian SpA (BIT: PRY) was downgraded by CA Cheuvreux to an “outperform” rating in a research note issued on Tuesday. They currently have a $20.78 (€16) price target on the stock.

A number of other analysts have also recently weighed in on PRY. Analysts at Exane BNP Paribas reiterated an “outperform” rating on shares of Prysmian SpA in a research note to investors on Wednesday, December 5th. They now have a $23.03 price target on the stock. Separately, analysts at AlphaValue reiterated a “buy” rating on shares of Prysmian SpA in a research note to investors on Friday, November 30th. They now have a $24.55 price target on the stock.

Prysmian SpA traded up 0.36% on Tuesday, hitting €14.0700. Prysmian SpA has a 52-week low of €9.3500 and a 52-week high of €15.4800. The company has a market cap of €2.975 billion and a price-to-earnings ratio of 18.09.

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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