Mediobanca SpA restated their outperform rating on shares of Prysmian SpA (BIT: PRY) in a report issued on Thursday, AnalystRatingsNetwork reports. They currently have a €17.50 ($22.73) target price on the stock.
Shares of Prysmian SpA (BIT: PRY) traded up 1.26% during mid-day trading on Thursday, hitting €16.0400. Prysmian SpA has a one year low of €10.5500 and a one year high of €17.9600. The stock’s 50-day moving average is currently €14.14. The company has a market cap of €3.392 billion and a P/E ratio of 27.22.
A number of other firms have also recently commented on PRY. Analysts at AlphaValue reiterated a buy rating on shares of Prysmian SpA in a research note to investors on Thursday, May 16th. They now have a €19.80 ($25.71) price target on the stock. Separately, analysts at Credit Suisse reiterated an outperform rating on shares of Prysmian SpA in a research note to investors on Tuesday, May 14th. They now have a €19.00 ($24.68) price target on the stock.
Prysmian SpA is an Italian company engaged in the development, design, production, supply and installation of cables for the diverse applications in the energy and telecommunications industries.