Shares of Bending Spoons S.p.A. (NASDAQ:BSP – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $44.80.
A number of research firms recently weighed in on BSP. Zacks Research raised Bending Spoons to a “hold” rating in a research report on Tuesday, July 28th. The Goldman Sachs Group started coverage on Bending Spoons in a research report on Monday, July 27th. They issued a “buy” rating and a $43.00 price objective for the company. Evercore began coverage on Bending Spoons in a report on Monday, July 27th. They set a “hold” rating and a $36.00 price objective on the stock. Wall Street Zen upgraded Bending Spoons to a “hold” rating in a research report on Sunday, July 12th. Finally, Bank of America cut shares of Bending Spoons from a “neutral” rating to an “underperform” rating and set a $39.00 price objective for the company. in a research note on Wednesday, August 12th.
Read Our Latest Stock Report on BSP
Bending Spoons Trading Down 3.7%
Bending Spoons (NASDAQ:BSP – Get Free Report) last posted its quarterly earnings results on Thursday, August 13th. The company reported $0.46 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.19. The company had revenue of $704.15 million during the quarter. The company’s revenue for the quarter was up 126.3% compared to the same quarter last year. On average, analysts forecast that Bending Spoons will post 1.4 EPS for the current year.
About Bending Spoons
Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.
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