Lagardere SCA Receives Overweight Rating from HSBC (MMB)

HSBC restated their overweight rating on shares of Lagardere SCA (EPA: MMB) in a report issued on Monday, Analyst Ratings.Net reports. They currently have a €23.00 ($29.87) target price on the stock.

Other equities research analysts have also recently issued reports about the stock. Analysts at Kepler Cheuvreux reiterated a reduce rating on shares of Lagardere SCA in a research note to investors on Wednesday, May 29th. Separately, analysts at CIC Securities downgraded shares of Lagardere SCA to a hold rating in a research note to investors on Tuesday, May 28th. They now have a €21.50 ($27.92) price target on the stock. Finally, analysts at JPMorgan Chase upgraded shares of Lagardere SCA to a neutral rating in a research note to investors on Wednesday, May 22nd. They now have a €20.60 ($26.75) price target on the stock.

Two investment analysts have rated the stock with a sell rating, six have given a hold rating and five have issued a buy rating to the stock. Lagardere SCA presently has a consensus rating of Hold and an average price target of €26.62 ($34.58).

Lagardere SCA (EPA: MMB) opened at 20.07 on Monday. Lagardere SCA has a 52-week low of €18.48 and a 52-week high of €29.83. The stock’s 50-day moving average is currently €22.23. The company has a market cap of €2.566 billion and a price-to-earnings ratio of 29.09.

Lagardere SCA is a France-based media group principally engaged in the publishing sector. The Company operates through four business segments.

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