Mediaset Upgraded to “Sell” at Goldman Sachs (MDIUY)

Mediaset logoMediaset (NASDAQ: MDIUY) was upgraded by equities researchers at Goldman Sachs from a “neutral” rating to a “sell” rating in a report issued on Wednesday.

Mediaset (NASDAQ: MDIUY) traded up 2.93% on Wednesday, hitting $6.32. Mediaset has a 1-year low of $4.23 and a 1-year high of $8.77. The stock’s 50-day moving average is currently $6.86. The company has a market cap of $2.394 billion and a price-to-earnings ratio of 120.39.

Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank downgraded shares of Mediaset from a “buy” rating to a “hold” rating in a research note to investors on Monday, January 21st. Separately, analysts at Credit Suisse upgraded shares of Mediaset from an “underperform” rating to an “outperform” rating in a research note to investors on Thursday, January 17th. Finally, analysts at JPMorgan Chase downgraded shares of Mediaset from an “overweight” rating to a “neutral” rating in a research note to investors on Wednesday, January 16th.

One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. Mediaset currently has a consensus rating of “Hold”.

MEDIASET SpA is an Italy-based communications and broadcasting group.