Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) Given Consensus Rating of “Hold” by Brokerages

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Shares of Salvatore Ferragamo S.p.A. (OTCMKTS:SFRGY) have been given a consensus rating of “Hold” by the nine ratings firms that are covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company.

Several research analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “equal weight” rating on shares of Salvatore Ferragamo in a report on Tuesday, February 16th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Salvatore Ferragamo in a report on Friday, January 15th. Finally, UBS Group reiterated a “neutral” rating on shares of Salvatore Ferragamo in a research report on Wednesday, March 10th.

Shares of Salvatore Ferragamo stock traded down $0.49 during trading on Thursday, hitting $9.55. The stock had a trading volume of 2,028 shares, compared to its average volume of 3,890. Salvatore Ferragamo has a 12 month low of $5.46 and a 12 month high of $10.45. The business’s 50-day moving average is $9.81 and its 200 day moving average is $8.96.

Salvatore Ferragamo Company Profile

Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women in Europe, North America, Japan, the Asia Pacific, and Central and South America. The company offers men's and women's footwear; leather goods, such as handbags, suitcases, belts, wallets, and other men's and women's leather accessories; and knitwear, clothes for formal occasions, sportswear, and leisure wear, as well as outerwear, such as husky jackets, ponchos, and leather garments.

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Analyst Recommendations for Salvatore Ferragamo (OTCMKTS:SFRGY)

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