Recordati (RCDTF) Rating Increased to Buy at Zacks Investment Research

Zacks Investment Research upgraded shares of Recordati (OTCMKTS:RCDTF) from a hold rating to a buy rating in a report published on Friday. The firm currently has $51.00 target price on the stock.

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. “

Shares of Recordati (OTCMKTS:RCDTF) opened at $42.00 on Friday. Recordati has a twelve month low of $31.70 and a twelve month high of $42.00. The stock has a market capitalization of $9,933.44, a price-to-earnings ratio of 34.67, a P/E/G ratio of 2.96 and a beta of -2.86.

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