Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) has been assigned an average rating of “Moderate Buy” from the six ratings firms that are covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company.

BCUCY has been the topic of several analyst reports. Morgan Stanley reiterated an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft began coverage on Brunello Cucinelli in a research note on Friday, June 26th. They set a “buy” rating for the company.

Brunello Cucinelli Stock Down 1.5%

BCUCY opened at $9.30 on Tuesday. The business has a 50 day moving average price of $9.56 and a two-hundred day moving average price of $9.55. Brunello Cucinelli has a 52 week low of $7.87 and a 52 week high of $12.55.

Brunello Cucinelli Company Profile

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.