PRYSMIAN SPA/ADR (PRYMY) Stock Rating Lowered by Citigroup

Citigroup lowered shares of PRYSMIAN SPA/ADR (OTCMKTS:PRYMY) from a buy rating to a neutral rating in a research note released on Thursday, April 11th, The Fly reports.

Separately, Goldman Sachs Group lowered PRYSMIAN SPA/ADR from a buy rating to a neutral rating in a research note on Monday, April 1st.

Shares of PRYSMIAN SPA/ADR stock traded up $0.14 on Thursday, hitting $9.61. The company’s stock had a trading volume of 3,400 shares, compared to its average volume of 31,769. PRYSMIAN SPA/ADR has a 1 year low of $8.30 and a 1 year high of $16.22.

PRYSMIAN SPA/ADR Company Profile

Prysmian S.p.A. produces, distributes, and sells cables and systems, and related accessories for the energy and telecommunications industries worldwide. The company operates through Energy, Projects, and Telecom segments. The Energy segment manufactures medium voltage cable systems to connect industrial and residential buildings to primary distribution grids; low voltage products for power distribution and the wiring of buildings; cable systems for various industrial applications, such as trains, aircraft, ships, port cranes, tunnel and mining excavation systems, nuclear power stations, military vehicles, and renewable energy; and solutions for elevator and automotive industries.

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