Credit Suisse Group lowered shares of PRADA S P A/ADR (OTCMKTS:PRDSY) from an outperform rating to a neutral rating in a research report released on Friday morning, The Fly reports.
Several other equities research analysts have also issued reports on the company. Goldman Sachs Group lowered PRADA S P A/ADR from a neutral rating to a sell rating in a research note on Thursday, June 27th. Citigroup lowered PRADA S P A/ADR from a neutral rating to a sell rating in a research note on Tuesday, June 11th. Finally, Sanford C. Bernstein raised PRADA S P A/ADR from an underperform rating to a market perform rating in a research note on Tuesday, September 10th. Two research analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company. PRADA S P A/ADR has a consensus rating of Hold.
OTCMKTS:PRDSY opened at $6.18 on Friday. PRADA S P A/ADR has a 1 year low of $5.38 and a 1 year high of $10.05. The business has a 50 day simple moving average of $5.97 and a 200-day simple moving average of $5.99.
Prada S.p.A., together with its subsidiaries, designs, produces, sells, and distributes leather goods, handbags, footwear, apparel, and accessories in Europe, the Americas, the Asia Pacific, Japan, the Middle East, and Africa. The company offers its products under the Prada, Miu Miu, Church's, Car Shoe, and Pasticceria Marchesi brands.
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