Prysmian S.p.A. (PRYMY) – What Are Investment Firms Thinking About This Stock?

Prysmian S.p.A. (OTCMKTS:PRYMY) has been given a consensus recommendation of “Moderate Buy” by the nine analysts that are currently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating on the company.

A number of research firms have recently weighed in on PRYMY. Zacks Research downgraded Prysmian from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, September 2nd. Oddo Bhf raised Prysmian to an “outperform” rating in a research note on Friday, September 4th. Berenberg Bank upgraded Prysmian from a “hold” rating to a “strong-buy” rating in a report on Thursday, August 6th. Sanford C. Bernstein lowered shares of Prysmian from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 13th. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of Prysmian in a research report on Sunday, October 11th.

Prysmian Price Performance

PRYMY opened at $62.79 on Wednesday. Prysmian has a 1 year low of $45.72 and a 1 year high of $92.89. The stock has a fifty day moving average price of $67.52 and a 200 day moving average price of $69.89.

Prysmian Company Profile

Prysmian S.p.A. is an Italian manufacturer of cables and cable systems for the energy and telecommunications industries. The company supplies products used in power transmission and distribution, electrification, renewable energy, industrial applications, transportation, construction and data communications.

Its portfolio includes high- and medium-voltage cables, underground and submarine power cables, fiber-optic and copper telecommunications cables, specialty cables and related cable systems and services.