Zacks Research lowered shares of Prysmian (OTCMKTS:PRYMY – Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks.com reports.
Several other research firms have also recently weighed in on PRYMY. Citigroup reiterated a “buy” rating on shares of Prysmian in a research report on Thursday, May 7th. BNP Paribas Exane started coverage on shares of Prysmian in a research report on Wednesday, May 6th. They set a “neutral” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft upgraded Prysmian from a “hold” rating to a “buy” rating in a report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.
Read Our Latest Stock Analysis on PRYMY
Prysmian Stock Performance
Prysmian Company Profile
Prysmian Group is a leading global manufacturer of cables and systems for energy and telecoms, operating under the OTCMKTS ticker PRYMY. The company specializes in the design, production and distribution of high-technology cables that deliver power and data in a broad range of applications, from high-voltage subsea transmission to fiber-optic networks for telecommunications. Its core mission is to enable efficient energy transmission and advanced digital connectivity for utilities, industrial and infrastructure customers worldwide.
The group’s product portfolio spans power cables for high-voltage and extra-high-voltage transmission, medium- and low-voltage distribution cables, flexible industrial cables, and specialty cables for renewable energy installations.
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