Goldman Sachs Group Analysts Give JCDecaux (EPA:DEC) a €34.00 Price Target
Goldman Sachs Group set a €34.00 ($39.53) target price on JCDecaux (EPA:DEC) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other brokerages also recently issued reports on DEC. Deutsche Bank set a €30.00 ($34.88) price objective on JCDecaux and gave the company a neutral rating in a research note on Tuesday, July 30th. JPMorgan Chase & Co. set a €25.00 ($29.07) price objective on JCDecaux and gave the company a neutral rating in a research note on Tuesday, August 27th. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of €29.81 ($34.67).
Shares of EPA:DEC opened at €25.26 ($29.37) on Thursday. The company has a fifty day simple moving average of €25.27. JCDecaux has a 1 year low of €27.02 ($31.42) and a 1 year high of €36.90 ($42.91).
JCDecaux SA engages in outdoor advertising activities worldwide. The company operates in three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising in shopping malls; renting street furniture; selling and renting equipment; and the provision of cleaning, maintenance, and other services.
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