Deutsche Bank AG upgraded shares of Salvatore Ferragamo S.P.A., Firenze (NASDAQ:SFRGF) from a hold rating to a buy rating in a research report sent to investors on Wednesday, MarketBeat.com reports.

Shares of Salvatore Ferragamo S.P.A., Firenze (NASDAQ:SFRGF) traded down 0.71% on Wednesday, hitting $28.00. The company had a trading volume of 39,800 shares. The firm’s 50 day moving average price is $28.75 and its 200-day moving average price is $29.07. The stock has a market capitalization of $4.73 billion and a PE ratio of 19.47. Salvatore Ferragamo S.P.A., Firenze has a 52 week low of $21.22 and a 52 week high of $32.60.

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