Aeroports de Paris SA Rating Lowered to Sector Perform at RBC Capital (ADP)
Aeroports de Paris SA (EU:ADP) was downgraded by RBC Capital from an “outperform” rating to a “sector perform” rating in a research note issued on Tuesday, Analyst Ratings Network reports. They currently have a €73.00 ($98.65) price objective on the stock, down from their previous price objective of €77.00 ($104.05).
Shares of Aeroports de Paris SA (EU:ADP) traded down 0.25% during mid-day trading on Tuesday, hitting $72.95. The stock had a trading volume of 1,918,665 shares. Aeroports de Paris SA has a 52-week low of $54.02 and a 52-week high of $74.95. The stock has a 50-day moving average of $72.68 and a 200-day moving average of $69.45. The company has a market cap of $35.222 billion and a price-to-earnings ratio of 25.34.
Several other analysts have also recently commented on the stock. Analysts at Raymond James raised their price target on shares of Aeroports de Paris SA (EU:ADP) from €73.00 ($98.65) to €78.00 ($105.41) in a research note to investors on Tuesday, August 6th. They now have an “outperform” rating on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Aeroports de Paris SA (EU:ADP) from €58.00 ($78.38) to €60.00 ($81.08) in a research note to investors on Monday, August 5th. They now have an “underperform” rating on the stock. Finally, analysts at Susquehanna downgraded shares of Aeroports de Paris SA (EU:ADP) from a “positive” rating to a “neutral” rating in a research note to investors on Friday, August 2nd.
One analyst has rated the stock with a sell rating, three have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average price target of €73.64 ($99.52).
Automatic Data Processing, Inc (EU:ADP), is a provider of business outsourcing solutions.
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