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Salvatore Ferragamo S.P.A., Firenze (NASDAQ:SFRGF) was upgraded by equities research analysts at Bryan Garnier & Cie from a “neutral” rating to a “buy” rating in a research note issued to investors on Friday. The firm currently has a $27.00 target price on the stock.

Shares of Salvatore Ferragamo S.P.A., Firenze (NASDAQ:SFRGF) remained flat at $27.00 during during mid-day trading trading on Friday. Salvatore Ferragamo S.P.A., Firenze has a one year low of $27.00 and a one year high of $40.15. The stock has a 50-day moving average of $28.51 and a 200-day moving average of $29.73. The company has a market cap of $4.547 billion and a price-to-earnings ratio of 22.77.

Other equities research analysts have also recently issued reports about the stock. Analysts at Societe Generale upgraded shares of Salvatore Ferragamo S.P.A., Firenze from a “sell” rating to a “hold” rating in a research note on Wednesday, July 16th. Separately, analysts at Mediobanca SpA upgraded shares of Salvatore Ferragamo S.P.A., Firenze from an “underperform” rating to a “neutral” rating in a research note on Thursday, July 3rd. Finally, analysts at Bank of America downgraded shares of Salvatore Ferragamo S.P.A., Firenze from a “buy” rating to a “neutral” rating in a research note on Wednesday, July 2nd. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $27.00.

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