Bank of America Reiterates €36.00 Price Target for JCDecaux (DEC)
A number of other brokerages also recently issued reports on DEC. Barclays set a €29.00 ($33.72) price target on JCDecaux and gave the company a neutral rating in a report on Friday, July 27th. Berenberg Bank set a €32.00 ($37.21) target price on JCDecaux and gave the stock a buy rating in a report on Thursday, August 16th. Deutsche Bank set a €30.00 ($34.88) target price on JCDecaux and gave the stock a neutral rating in a report on Friday, August 24th. HSBC set a €30.50 ($35.47) target price on JCDecaux and gave the stock a neutral rating in a report on Thursday, June 21st. Finally, Societe Generale set a €23.00 ($26.74) target price on JCDecaux and gave the stock a sell rating in a report on Friday, July 27th. Three research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company’s stock. JCDecaux presently has an average rating of Hold and a consensus price target of €31.60 ($36.74).
Shares of EPA:DEC opened at €29.00 ($33.72) on Wednesday. JCDecaux has a 1 year low of €27.02 ($31.42) and a 1 year high of €36.90 ($42.91).
JCDecaux SA engages in outdoor advertising activities worldwide. The company operates in three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising in shopping malls; renting street furniture; selling and renting equipment; and the provision of cleaning, maintenance, and other services.
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