Brunello Cucinelli Now Covered by Citigroup Inc. (BC)
Equities research analysts at Citigroup Inc. started coverage on shares of Brunello Cucinelli (EU:BC) in a research note issued to investors on Wednesday, American Banking & Market News reports. The firm set a “buy” rating on the stock.
Brunello Cucinelli (EU:BC) traded down 1.04% during mid-day trading on Wednesday, hitting $39.09. 1,169,447 shares of the company’s stock traded hands. Brunello Cucinelli has a 52 week low of $21.08 and a 52 week high of $42.10. The stock has a 50-day moving average of $38.82 and a 200-day moving average of $35.11. The company has a market cap of $3.539 billion and a P/E ratio of 65.83.
Several other analysts have also recently commented on the stock. Analysts at B. Riley raised their price target on shares of Brunello Cucinelli from €32.50 ($43.92) to €39.00 ($52.70) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Analysts at Wedbush raised their price target on shares of Brunello Cucinelli from €44.00 ($59.46) to €48.00 ($64.86) in a research note to investors on Thursday, October 3rd. They now have an “outperform” rating on the stock.
Brunswick Corporation (EU:BC) is a worldwide designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness equipment and bowling and billiards equipment.
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