Stevanato Group S.p.A. (NYSE:STVN) Given Consensus Rating of “Moderate Buy” by Analysts

Stevanato Group S.p.A. (NYSE:STVN) has received an average recommendation of “Moderate Buy” from the seven research firms that are covering the firm, MarketBeat reports. Three analysts have rated the stock with a hold rating, three have issued a buy rating and one has given a strong buy rating to the company.

A number of research firms have recently weighed in on STVN. Morgan Stanley initiated coverage on shares of Stevanato Group in a research note on Monday. They set an “equal weight” rating and a $24.00 price target on the stock. Weiss Ratings restated a “hold (c+)” rating on shares of Stevanato Group in a research report on Monday, November 24th.

Institutional Trading of Stevanato Group

A number of institutional investors have recently bought and sold shares of the company. First Horizon Advisors Inc. increased its position in shares of Stevanato Group by 14.9% in the second quarter. First Horizon Advisors Inc. now owns 3,833 shares of the company’s stock valued at $94,000 after buying an additional 497 shares in the last quarter. Hancock Whitney Corp increased its holdings in Stevanato Group by 4.8% during the 1st quarter. Hancock Whitney Corp now owns 11,482 shares of the company’s stock valued at $234,000 after acquiring an additional 528 shares in the last quarter. PNC Financial Services Group Inc. raised its position in Stevanato Group by 7.7% during the second quarter. PNC Financial Services Group Inc. now owns 9,893 shares of the company’s stock worth $242,000 after acquiring an additional 711 shares during the last quarter. First Bank & Trust raised its position in Stevanato Group by 6.2% during the second quarter. First Bank & Trust now owns 16,142 shares of the company’s stock worth $394,000 after acquiring an additional 944 shares during the last quarter. Finally, Pathstone Holdings LLC grew its position in shares of Stevanato Group by 1.5% in the third quarter. Pathstone Holdings LLC now owns 71,178 shares of the company’s stock valued at $1,833,000 after purchasing an additional 1,067 shares during the last quarter.

Stevanato Group Stock Down 2.1%

Stevanato Group stock opened at €22.11 on Friday. The stock’s 50 day moving average price is €24.35 and its 200 day moving average price is €24.28. Stevanato Group has a 1-year low of €17.81 and a 1-year high of €28.00. The company has a market cap of $6.69 billion, a PE ratio of 38.78, a price-to-earnings-growth ratio of 2.22 and a beta of 0.57. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.89 and a quick ratio of 1.30.

About Stevanato Group

Stevanato Group S.p.A. engages in the design, production, and distribution of products and processes to provide integrated solutions for bio-pharma and healthcare industries in Europe, the Middle East, Africa, North America, South America, and the Asia Pacific. The company operates in two segments, Biopharmaceutical and Diagnostic Solutions; and Engineering.