Equities research analysts at Citigroup Inc. started coverage on shares of Brunello Cucinelli (EU:BC) in a research note issued to investors on Wednesday, American Banking & Market News reports. The firm set a “buy” rating on the stock.
Brunello Cucinelli (EU:BC) traded down 1.04% during mid-day trading on Wednesday, hitting $39.09. 1,169,447 shares of the company’s stock traded hands. Brunello Cucinelli has a 52 week low of $21.08 and a 52 week high of $42.10. The stock has a 50-day moving average of $38.82 and a 200-day moving average of $35.11. The company has a market cap of $3.539 billion and a P/E ratio of 65.83.
Several other analysts have also recently commented on the stock. Analysts at B. Riley raised their price target on shares of Brunello Cucinelli from €32.50 ($43.92) to €39.00 ($52.70) in a research note to investors on Monday. They now have a “neutral” rating on the stock. Analysts at Wedbush raised their price target on shares of Brunello Cucinelli from €44.00 ($59.46) to €48.00 ($64.86) in a research note to investors on Thursday, October 3rd. They now have an “outperform” rating on the stock.
Brunswick Corporation (EU:BC) is a worldwide designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness equipment and bowling and billiards equipment.
This article (Brunello Cucinelli Now Covered by Citigroup Inc. (BC)) was originally developed by and is property of American Banking News.
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