Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) have been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

A number of research analysts have recently commented on the stock. Citigroup began coverage on shares of Brunello Cucinelli in a research report on Tuesday, August 4th. They set a “buy” rating for the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Brunello Cucinelli in a report on Monday, August 3rd. Finally, Morgan Stanley reissued an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st.

Brunello Cucinelli Stock Performance

Shares of Brunello Cucinelli stock opened at $8.87 on Wednesday. The firm has a fifty day simple moving average of $9.78 and a 200-day simple moving average of $9.54. Brunello Cucinelli has a 1-year low of $7.87 and a 1-year high of $12.55.

About Brunello Cucinelli

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.