Indra Sistemas SA Stock Rating Reaffirmed by BNP Paribas (IDR)

Indra Sistemas SA (MCE: IDR)‘s stock had its “underperform” rating restated by BNP Paribas in a research note issued on Tuesday, ARN reports. They currently have a €8.70 ($11.30) price objective on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at BPI reiterated a “sell” rating on shares of Indra Sistemas SA in a research note to investors on Monday, May 20th. They now have a €9.40 ($12.21) price target on the stock. Separately, analysts at Bankia Bolsa reiterated a “buy” rating on shares of Indra Sistemas SA in a research note to investors on Friday, May 17th. They now have a €11.30 ($14.68) price target on the stock. Finally, analysts at Grupo Santander reiterated a “hold” rating on shares of Indra Sistemas SA in a research note to investors on Wednesday, May 8th. They now have a €10.60 ($13.77) price target on the stock.

Six analysts have rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of €9.72 ($12.63).

Indra Sistemas SA is a Spain-based company primarily engaged in the provision of information technology (MCE: IDR) solutions and consultancy services.