Prysmian SpA Stock Rating Upgraded by Mediobanca SpA (PRY)

Prysmian SpA (BIT: PRY) was upgraded by Mediobanca SpA to an “outperform” rating in a research note issued on Friday. The firm currently has a $24.68 (€19) price target on the stock.

PRY has been the subject of a number of other recent research reports. Analysts at Banca IMI reiterated an “add” 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 Banca Akros reiterated an “accumulate” rating on shares of Prysmian SpA in a research note to investors on Wednesday. They now have a $20.78 price target on the stock. Finally, analysts at AlphaValue reiterated a “buy” rating on shares of Prysmian SpA in a research note to investors on Thursday, February 21st. They now have a $26.93 price target on the stock.

Shares of Prysmian SpA opened at 16.8100 on Friday. Prysmian SpA has a 52 week low of €10.5500 and a 52 week high of €16.4200. The stock’s 50-day moving average is currently €14.14. The company has a market cap of €3.555 billion and a P/E ratio of 21.54.

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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