Vinci (OTCMKTS:VCISY) Upgraded by Erste Group Bank to “Strong-Buy” Rating

Erste Group Bank upgraded shares of Vinci (OTCMKTS:VCISY) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Other analysts also recently issued reports about the stock. Royal Bank Of Canada reissued an “outperform” rating on shares of Vinci in a research report on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Vinci in a research note on Thursday, January 15th. Finally, Zacks Research upgraded shares of Vinci from a “strong sell” rating to a “hold” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Vinci has a consensus rating of “Buy”.

Vinci Stock Down 1.6%

Shares of OTCMKTS VCISY traded down $0.61 during trading hours on Wednesday, hitting $37.60. The stock had a trading volume of 135,903 shares, compared to its average volume of 132,624. The firm’s 50-day moving average price is $37.32 and its two-hundred day moving average price is $35.57. Vinci has a 52 week low of $29.03 and a 52 week high of $42.10. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.87.

Vinci Company Profile

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.