Prada (OTCMKTS:PRDSY) Earns Overweight Rating from Analysts at Barclays

Barclays initiated coverage on shares of Prada (OTCMKTS:PRDSY) in a research report sent to investors on Tuesday. The firm issued an overweight rating on the stock.

Separately, UBS Group downgraded Prada from a “buy” rating to a “neutral” rating in a research note on Friday, November 28th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, Prada has a consensus rating of “Moderate Buy”.

Prada Stock Up 0.6%

PRDSY opened at $10.99 on Tuesday. Prada has a 1-year low of $10.12 and a 1-year high of $18.00. The company has a fifty day moving average price of $11.59 and a two-hundred day moving average price of $11.71.

About Prada

Prada S.p.A. is an Italian luxury fashion house renowned for its high-end leather goods, ready-to-wear collections and accessories. Founded in 1913 by Mario Prada in Milan, the company has built a reputation for craftsmanship and understated elegance. Its product portfolio spans handbags, small leather goods, footwear, eyewear and fragrances, all designed to reflect a blend of traditional techniques and contemporary sensibilities.

The company distributes its products through a network of directly operated boutiques, franchise stores and e-commerce platforms.