Prysmian SpA PT Raised to €20.90 (PRY)
Analysts at Berenberg Bank upped their price target on shares of Prysmian SpA (BIT:PRY) from €17.50 ($23.97) to €20.90 ($28.63) in a research report issued to clients and investors on Monday, Analyst RN reports. The firm currently has a “hold” rating on the stock.
Prysmian SpA (BIT:PRY) traded up 0.76% on Monday, hitting €18.4700. 968,253 shares of the company’s stock traded hands. Prysmian SpA has a 52-week low of €13.4700 and a 52-week high of €19.3600. The stock has a 50-day moving average of €17.98 and a 200-day moving average of €16.34. The company has a market cap of €3.907 billion and a price-to-earnings ratio of 32.16.
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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