Espirito Santo Investment Bank Research Gives Buy Rating to Prysmian SpA (PRY)
Prysmian SpA (BIT: PRY)‘s stock had its “buy” rating restated by equities researchers at Espirito Santo Investment Bank Research in a report issued on Tuesday. They currently have a $25.00 (€19) target price on the stock.
Shares of Prysmian SpA opened at 15.2100 on Tuesday. Prysmian SpA has a 52 week low of €9.8150 and a 52 week high of €15.4800. The stock’s 50-day moving average is currently €14.14. The company has a market cap of €3.216 billion and a P/E ratio of 19.60.
Several other analysts have also recently commented on the stock. Analysts at AlphaValue reiterated a “buy” rating on shares of Prysmian SpA in a research note to investors on Thursday, January 3rd. They now have a $26.05 price target on the stock. Finally, analysts at CA Cheuvreux downgraded shares of Prysmian SpA to an “outperform” rating in a research note to investors on Tuesday, December 11th. They now have a $20.78 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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