Mediaset (MDIUY) Stock Rating Upgraded by UBS AG
Mediaset (NASDAQ:MDIUY) was upgraded by equities research analysts at UBS AG from a “sell” rating to a “neutral” rating in a note issued to investors on Friday, 99wallstreet.com reports.
Separately, Macquarie restated a “neutral” rating on shares of Mediaset in a research report on Wednesday, September 13th. Five investment analysts have rated the stock with a hold rating, Mediaset presently has an average rating of “Hold”.
Shares of Mediaset (NASDAQ:MDIUY) remained flat at $11.48 during trading on Friday. 300 shares of the stock traded hands. The stock has a 50 day moving average of $11.03 and a 200 day moving average of $11.51. Mediaset has a 52 week low of $7.19 and a 52 week high of $14.25. The stock’s market capitalization is $4.35 billion.
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Mediaset Company Profile
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. In Italy, it divides its activities into two main segments: Integrated Television Operations, which is involved in free-to-air generalist television, through RTI SpA, which manages Canale 5, Italia I and Rete 4, as well as a broad range of programs, such as football, television series, cinema, documentaries and children’s television; Network Infrastructure Services and Management, operates through Ei Towers SpA, which operates infrastructure networks and electronic communications services in the field of television, radio and mobile phone broadcasting.
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