Atlantia SpA (BIT: ATL)‘s stock had its “add” rating reiterated by equities research analysts at AlphaValue in a research note issued to investors on Wednesday, StockRatingsNetwork.com reports.
Other equities research analysts have also recently issued reports about the stock. Analysts at RBC Capital upgraded shares of Atlantia SpA to a “sector perform” rating in a research note to investors on Friday, May 17th. They now have a €15.00 ($19.48) price target on the stock. Separately, analysts at Banca Akros reiterated an “accumulate” rating on shares of Atlantia SpA in a research note to investors on Wednesday, May 15th. They now have a €15.00 ($19.48) price target on the stock. Finally, analysts at JP Morgan Cazenove raised their price target on shares of Atlantia SpA from €14.20 ($18.44) to €15.30 ($19.87) in a research note to investors on Tuesday, May 14th. They now have a “neutral” rating on the stock.
Five equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of €15.55 ($20.20).
Shares of Atlantia SpA (BIT: ATL) traded up 0.45% during mid-day trading on Wednesday, hitting €13.2500. Atlantia SpA has a one year low of €9.0300 and a one year high of €14.4000. The stock’s 50-day moving average is currently €12.33. The company has a market cap of €8.675 billion and a P/E ratio of 10.75.
Atlantia SpA is an Italy-based holding company engaged, with its subsidiaries, in the construction and management of toll motorways and tunnels under license.