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Goldman Sachs Sticks to Its Hold Rating for Prada SpA (PRDSF)
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Goldman Sachs Sticks to Its Hold Rating for Prada SpA (PRDSF)

Goldman Sachs analyst Louise Singlehurst maintained a Hold rating on Prada SpA (PRDSFResearch Report) today. The company’s shares opened today at $7.60.

According to TipRanks, Singlehurst is a 2-star analyst with an average return of 0.3% and a 50.00% success rate. Singlehurst covers the Consumer Cyclical sector, focusing on stocks such as Ermenegildo Zegna, Hermes International, and Prada SpA.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Prada SpA with a $8.59 average price target.

PRDSF market cap is currently $19.53B and has a P/E ratio of 26.91.

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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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