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 assigned a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company.

BCUCY has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Brunello Cucinelli in a research note on Friday, June 26th. They set a “buy” rating for the company. Morgan Stanley reissued an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st.

Brunello Cucinelli Stock Up 0.6%

OTCMKTS:BCUCY opened at $9.43 on Friday. The business has a 50 day simple moving average of $9.71 and a 200-day simple moving average of $9.83. Brunello Cucinelli has a 1 year low of $7.87 and a 1 year high of $13.40.

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.