Prysmian S.p.A. (OTCMKTS:PRYMY – Get Free Report)’s share price gapped down prior to trading on Thursday. The stock had previously closed at $74.48, but opened at $70.19. Prysmian shares last traded at $70.31, with a volume of 8,401 shares trading hands.
Analyst Upgrades and Downgrades
A number of analysts recently issued reports on PRYMY shares. Zacks Research downgraded Prysmian from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 2nd. Berenberg Bank raised shares of Prysmian from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 6th. Barclays reaffirmed an “overweight” rating on shares of Prysmian in a research note on Friday, July 3rd. Oddo Bhf upgraded shares of Prysmian to an “outperform” rating in a research report on Friday, September 4th. Finally, Sanford C. Bernstein downgraded shares of Prysmian from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Prysmian has a consensus rating of “Moderate Buy”.
Get Our Latest Research Report on PRYMY
Prysmian Stock Down 0.3%
Prysmian Company Profile
Prysmian S.p.A. is an Italy-based manufacturer of cable systems and related solutions for the energy and telecommunications industries. The company supplies products used in power transmission and distribution, electrical infrastructure, renewable energy projects, industrial applications, and data and telecommunications networks.
Its portfolio includes high- and extra-high-voltage underground and submarine cables, overhead lines, optical fiber and copper cables, connectivity products, and related engineering and installation services.
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