Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) has been given an average recommendation of “Moderate Buy” by the six brokerages that are covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company.

BCUCY has been the topic of a number of research analyst reports. Morgan Stanley restated an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Brunello Cucinelli in a report on Monday, August 3rd. Finally, Citigroup began coverage on shares of Brunello Cucinelli in a research report on Tuesday, August 4th. They issued a “buy” rating on the stock.

Brunello Cucinelli Price Performance

OTCMKTS:BCUCY opened at $9.25 on Wednesday. Brunello Cucinelli has a 52-week low of $7.87 and a 52-week high of $12.55. The stock has a fifty day moving average of $9.81 and a 200 day moving average of $9.56.

About Brunello Cucinelli

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.