Morgan Stanley reissued their equal weight rating on shares of SALVATORE FERRA/ADR (OTCMKTS:SFRGY) in a research note published on Wednesday morning, The Fly reports.
A number of other equities research analysts have also issued reports on SFRGY. Jefferies Financial Group raised shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Thursday, May 28th. HSBC reissued a hold rating on shares of SALVATORE FERRA/ADR in a report on Thursday, May 7th. Societe Generale reissued a sell rating on shares of SALVATORE FERRA/ADR in a report on Thursday, April 16th. JPMorgan Chase & Co. reissued a neutral rating on shares of SALVATORE FERRA/ADR in a report on Tuesday, March 31st. Finally, UBS Group reissued a neutral rating on shares of SALVATORE FERRA/ADR in a report on Wednesday, May 13th. One research analyst has rated the stock with a sell rating and eight have given a hold rating to the company. The company presently has a consensus rating of Hold.
Shares of SFRGY opened at $6.65 on Wednesday. SALVATORE FERRA/ADR has a 1 year low of $5.19 and a 1 year high of $10.90. The company has a 50 day simple moving average of $6.90 and a two-hundred day simple moving average of $7.36.
SALVATORE FERRA/ADR Company Profile
Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women worldwide. The company offers footwear, leather goods, apparel, silk goods, jewels, other accessories, and fragrances, as well as eyewear and watches. It provides handbags; suitcases; belts; wallets; soft accessories, such as silk twill, scarves, gloves and hats, and hair accessories; lifestyle accessories; jewelry; and ready to wear products, including outwear, knitwear, jacket and blazers, dresses, tops and shirts, pants, skirts, and children products.
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