Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Given Average Rating of “Moderate Buy” by Brokerages

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) has been given a consensus recommendation of “Moderate Buy” by the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

Several research firms recently weighed in on BCUCY. Morgan Stanley restated an “overweight” rating on shares of Brunello Cucinelli in a report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Brunello Cucinelli in a research report on Monday, August 3rd. Finally, Citigroup began coverage on shares of Brunello Cucinelli in a research note on Tuesday, August 4th. They issued a “buy” rating on the stock.

Brunello Cucinelli Stock Down 1.0%

OTCMKTS:BCUCY opened at $10.25 on Friday. The business has a 50 day simple moving average of $9.73 and a 200-day simple moving average of $9.53. Brunello Cucinelli has a 1 year low of $7.87 and a 1 year high of $12.55.

Brunello Cucinelli Company Profile

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.