ATLANTIA SPA/ADR (OTCMKTS:ATASY) Stock Rating Lowered by Zacks Investment Research

Zacks Investment Research downgraded shares of ATLANTIA SPA/ADR (OTCMKTS:ATASY) from a hold rating to a sell rating in a research note released on Tuesday, Zacks.com reports.

According to Zacks, “Atlantia S.p.A. is a holding company with responsibility for portfolio strategies in the transport and communications infrastructures and network sectors. The company builds and operates toll motorways in Italy and internationally. Atlantia is based in Roma, Italy. “

ATASY has been the subject of a number of other research reports. JPMorgan Chase & Co. reissued an overweight rating on shares of ATLANTIA SPA/ADR in a research report on Monday, May 4th. UBS Group reissued a buy rating on shares of ATLANTIA SPA/ADR in a research report on Tuesday, May 12th. ValuEngine raised ATLANTIA SPA/ADR from a sell rating to a hold rating in a research report on Friday, May 1st. Finally, Citigroup lowered ATLANTIA SPA/ADR from a buy rating to a neutral rating in a research report on Monday, March 9th. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company’s stock. ATLANTIA SPA/ADR has a consensus rating of Buy and an average target price of $15.00.

Shares of ATLANTIA SPA/ADR stock opened at $7.64 on Tuesday. The stock has a market cap of $13.28 billion, a price-to-earnings ratio of 84.91 and a beta of 1.13. The firm’s 50-day moving average is $8.18 and its 200 day moving average is $9.14. ATLANTIA SPA/ADR has a 1 year low of $5.04 and a 1 year high of $14.00. The company has a debt-to-equity ratio of 2.81, a current ratio of 0.96 and a quick ratio of 0.96.

ATLANTIA SPA/ADR Company Profile

Atlantia S.p.A., through its subsidiaries, engages in the construction and operation of motorways, airports and transport infrastructure, parking areas, and intermodal systems worldwide. It operates 14,000 kilometers of toll motorways in Italy and France. The company manages, maintains, constructs, and widens related motorways operated under concession; and provides support for the Italian motorway operators.

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