Prysmian S.p.A. (OTCMKTS:PRYMY) Given Average Recommendation of "Moderate Buy" by Analysts

Key Points

• Consensus: Moderate Buy — Prysmian has an average analyst recommendation of "Moderate Buy" from six analysts (three hold, two buy, one strong buy).
• Recent analyst moves are mixed: Citigroup reaffirmed a buy and Zacks upgraded to strong-buy, while Berenberg and Deutsche Bank downgraded to hold and BNP Paribas initiated coverage as neutral.
• Price and valuation snapshot: the stock opened at $81.75, with a 1‑year range of $28.44–$81.90, a market cap of $46.91 billion and a PE ratio of 133.61.

Shares of Prysmian S.p.A. (OTCMKTS:PRYMY - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six analysts that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company.

Several research firms have recently issued reports on PRYMY. Citigroup reaffirmed a "buy" rating on shares of Prysmian in a research report on Thursday, January 15th. BNP Paribas Exane began coverage on Prysmian in a research report on Wednesday. They issued a "neutral" rating on the stock. Zacks Research raised Prysmian from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 21st. Berenberg Bank cut Prysmian from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 17th. Finally, Deutsche Bank Aktiengesellschaft cut Prysmian from a "buy" rating to a "hold" rating in a report on Monday, February 9th.

Prysmian Price Performance

Shares of OTCMKTS:PRYMY opened at $81.75 on Wednesday. Prysmian has a 1 year low of $28.44 and a 1 year high of $81.90. The stock's 50-day moving average is $62.90 and its 200 day moving average is $56.25. The company has a market cap of $46.91 billion and a PE ratio of 133.61.

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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