Morgan Stanley began coverage on shares of Aeroports de Paris SA (EU:ADP) in a report issued on Thursday, AnalystRatings.Net reports. The firm issued an equal weight rating and a €82.00 ($110.81) target price on the stock.
Morgan Stanley has also modified their ratings on a number of other stocks in the few days. The firm downgraded shares of El Paso Pipeline Partners from an equal weight rating to an underweight rating. Their analysts now have a $37.00 price target on that stock, down previously from $40.00. Also, Morgan Stanley upgraded shares of Smith & Nephew plc from an equal weight rating to an overweight rating. Finally, Morgan Stanley reiterated its underweight rating on shares of Renren. They have a $2.70 price target on that stock, down previously from $3.10.
Aeroports de Paris SA (EU:ADP) traded up 0.98% during mid-day trading on Thursday, hitting $79.30. The stock had a trading volume of 344,471 shares. Aeroports de Paris SA has a one year low of $55.99 and a one year high of $83.82. The stock has a 50-day moving average of $77.02 and a 200-day moving average of $72.80. The company has a market cap of $38.177 billion and a P/E ratio of 26.71.
A number of other analysts have also recently weighed in on ADP. Analysts at Natixis raised their price target on shares of Aeroports de Paris SA from €80.00 ($108.11) to €82.00 ($110.81) in a research note to investors on Monday, November 18th. They now have a neutral rating on the stock. Separately, analysts at Evercore Partners raised their price target on shares of Aeroports de Paris SA from €77.00 ($104.05) to €88.00 ($118.92) in a research note to investors on Friday, November 15th. They now have an overweight rating on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Aeroports de Paris SA from €78.00 ($105.41) to €84.00 ($113.51) in a research note to investors on Friday, November 1st. They now have an outperform rating on the stock. One research analyst has rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of €77.35 ($104.53).
Automatic Data Processing, Inc (EU:ADP), is a provider of business outsourcing solutions.
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