Shares of Pandora A/S (OTCMKTS: PANDY – Get a rating) received an average recommendation of “Hold” from the seven research firms that currently cover the company, Market assessments reports. Five equity research analysts rated the stock with a hold recommendation and two gave the company a buy recommendation. The 12-month average target price among brokerages that have covered the stock over the past year is $812.50.
A number of equity research analysts have published reports on PANDY shares. Morgan Stanley cut its price target on shares of Pandora A/S from 780.00 to 710.00 and set an “equal weight” rating on the stock in a Thursday, May 12 report. Nordea Equity Research downgraded shares of Pandora A/S from a “buy” rating to a “hold” rating in a Thursday, May 5 report. Jefferies Financial Group began covering shares of Pandora A/S in a Wednesday, July 20 report. They issued a “holding” rating on the stock. Finally, Royal Bank of Canada cut its price target on Pandora A/S shares from 710.00 to 680.00 and set an “industry performance” rating on the stock in a report on Wednesday 11 may.
Pandora A/S inventories fall 6.6%
PANDY stock opened at $17.02 on Wednesday. Pandora A/S has a 52-week low of $14.93 and a 52-week high of $36.14. The company’s fifty-day moving average is $17.25 and its 200-day moving average is $21.23.
About Pandora A/S
Pandora A/S designs, manufactures and markets hand-finished, contemporary jewelry worldwide. The Company’s jewelry materials include silver and gold; gold and rose gold plated; synthetic stones, natural stones, synthetic stones, pearls and diamonds; as well as enamel, glass, leather and textile products.
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