In a report released today, Luca Solca from Bernstein maintained a Hold rating on Prada SpA (PRDSF – Research Report), with a price target of HK$62.00. The company’s shares closed yesterday at $8.19.
According to TipRanks, Solca is a 5-star analyst with an average return of 14.7% and a 70.69% success rate. Solca covers the Consumer Cyclical sector, focusing on stocks such as Hermes International, The Swatch Group, and Prada SpA.
In addition to Bernstein, Prada SpA also received a Hold from Goldman Sachs’s Louise Singlehurst in a report issued on March 7. However, yesterday, CLSA maintained a Buy rating on Prada SpA (Other OTC: PRDSF).
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PRDSF market cap is currently $20.91B and has a P/E ratio of 28.89.
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Prada SpA (PRDSF) Company Description:
Prada SpA operates as a holding company, which engages in the manufacture and distribution of luxury goods. Its products include leather goods, handbags, footwear, apparel, accessories, eyewear, and fragrances. Its brands include Miu Miu, Church’s, Cas Shoe, and Pasticceria Marchesi. The company was founded by Mario Prada in 1913 and is headquartered in Milan, Italy.
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