Citigroup Inc. Initiates Coverage on Pandora A/S (PNDZY)
Citigroup Inc. assumed coverage on shares of Pandora A/S (NASDAQ:PNDZY) in a research note issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.
Pandora A/S (NASDAQ:PNDZY) traded up 3.01% during mid-day trading on Tuesday, hitting $15.06. The stock had a trading volume of 3,701 shares. Pandora A/S has a one year low of $6.18 and a one year high of $14.91. The stock’s 50-day moving average is $14.23 and its 200-day moving average is $11.79. The company has a market cap of $7.681 billion and a price-to-earnings ratio of 23.13.
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