Abengoa, S.A. – American Depositary Shares’s Buy Rating Reiterated at Canaccord Genuity (ABGB)
Abengoa, S.A. – American Depositary Shares (NASDAQ:ABGB)‘s stock had its “buy” rating reaffirmed by analysts at Canaccord Genuity in a research report issued to clients and investors on Tuesday. They currently have a $44.00 price objective on the stock. Canaccord Genuity’s price target indicates a potential upside of 52.88% from the stock’s previous close.
Separately, analysts at Prime Executions raised their price target on shares of Abengoa, S.A. – American Depositary Shares from $28.00 to $38.00 in a research note on Friday, June 13th. They now have a “buy” rating on the stock.
Shares of Abengoa, S.A. – American Depositary Shares (NASDAQ:ABGB) opened at 29.20 on Tuesday. Abengoa, S.A. – American Depositary Shares has a 1-year low of $10.04 and a 1-year high of $29.38. The stock has a 50-day moving average of $26.30 and a 200-day moving average of $24.38. The company has a market cap of $46.640 billion and a P/E ratio of 332.72.
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