Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY – Get Free Report)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $6.0855, but opened at $6.39. Salvatore Ferragamo shares last traded at $6.39, with a volume of 757 shares trading hands.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on SFRGY. Citigroup restated a “neutral” rating on shares of Salvatore Ferragamo in a research note on Tuesday, June 30th. Zacks Research upgraded Salvatore Ferragamo to a “hold” rating in a research note on Thursday, June 25th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.
Check Out Our Latest Research Report on SFRGY
Salvatore Ferragamo Stock Performance
About Salvatore Ferragamo
Salvatore Ferragamo S.p.A. operates as a designer, producer and distributor of high-end luxury footwear, leather goods, apparel and accessories. The company’s product portfolio spans men’s and women’s shoes, handbags, small leather items, silk products, ready-to-wear collections, eyewear, fragrances and watches. Through its vertically integrated business model, Ferragamo controls key aspects of the value chain, from design and manufacturing to wholesale distribution and direct-to-consumer retail.
Founded in 1927 by Italian shoemaker Salvatore Ferragamo, the company is headquartered in Florence, Italy and has grown into a globally recognized luxury brand.
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