Mediaset Receives Average Rating of “Buy” from Brokerages (NASDAQ:MDIUY)
Mediaset (NASDAQ:MDIUY) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the company, American Banking & Market News reports. One investment analyst has rated the stock with a sell rating, three have given a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $3.80.
Shares of Mediaset (NASDAQ:MDIUY) opened at 11.40 on Thursday. Mediaset has a 1-year low of $11.10 and a 1-year high of $17.83. The stock’s 50-day moving average is $13.00 and its 200-day moving average is $15.08. The company’s market cap is $4.318 billion.
A number of research firms have recently commented on MDIUY. Analysts at HSBC upgraded shares of Mediaset from an “underweight” rating to an “overweight” rating in a research note on Tuesday, August 12th. Separately, analysts at Mediobanca SpA upgraded shares of Mediaset from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 3rd. Finally, analysts at BNP Paribas upgraded shares of Mediaset from an “underperform” rating to a “neutral” rating in a research note on Friday, June 27th.
Mediaset SpA is an Italy-based company engaged in the broadcasting sector. The Company is active in the broadcasting of commercial television in Italy and Spain.
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