Zacks Investment Research Lowers Recordati (OTCMKTS:RCDTF) to Sell

Zacks Investment Research downgraded shares of Recordati (OTCMKTS:RCDTF) from a hold rating to a sell rating in a research report sent to investors on Thursday morning, reports.

According to Zacks, “Recordati S.p.A. is a pharmaceutical company. It engaged in the research, development, manufacturing and marketing of pharmaceuticals for rare disease treatments. The company operates primarily in Russia, Turkey, North Africa and United States of America. Recordati S.p.A. is headquartered in Milan, Italy. “

RCDTF opened at $34.70 on Thursday. The company has a market capitalization of $7.26 billion, a PE ratio of 19.83, a price-to-earnings-growth ratio of 3.44 and a beta of 0.05. Recordati has a 12 month low of $34.70 and a 12 month high of $34.87.

About Recordati

Recordati Industria Chimica e Farmaceutica S.p.A., together with its subsidiaries, engages in the research, development, manufacture, marketing, and sale of pharmaceuticals in Europe, the Middle East, Africa, the United States, Canada, and internationally. The company offers pharmaceuticals in various therapeutic areas, including cardiovascular, cosmetics, dermatology, dietary supplements, gynecology and obstetrics, medical devices, musculo-skeletal disorders and analgesia, over the counter/non-prescription pharmaceuticals, urology, allergy, anti-infectives, central nervous system, endocrinology, gastrointestinal, nutrition and related products, immune-suppressants, pain management/inflammation, generics, pneumology, antipyretics and cold preparations, endocrinology, oncology, respiratory, and radio contrast agent, as well as ear, nose, and throat.

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