Prysmian S.p.A. (OTCMKTS:PRYMY) Receives Consensus Rating of “Buy” from Analysts

Prysmian S.p.A. (OTCMKTS:PRYMY) has earned an average recommendation of “Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $18.12.

Several research analysts have issued reports on PRYMY shares. Societe Generale upgraded Prysmian from a “hold” rating to a “buy” rating in a research note on Friday, May 14th. Morgan Stanley set a $18.12 target price on shares of Prysmian and gave the company an “overweight” rating in a research note on Monday, July 12th.

Prysmian stock opened at $17.61 on Thursday. The business’s fifty day moving average is $17.68. Prysmian has a 52-week low of $12.65 and a 52-week high of $18.94.

About Prysmian

Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company operates through three segments: Energy, Projects, and Telecom. The Energy segment comprising trade and installers; power distribution and overhead transmission lines; and industrial and network components for various industries, which includes oil and gas, downhole technology, elevators, automotive, nuclear, mining, marine, and infrastructure sectors, as well as for renewable energy field, military, railways, and cranes.

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Analyst Recommendations for Prysmian (OTCMKTS:PRYMY)

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