Icade SA (OTCMKTS:CDMGF) Given Consensus Rating of “Hold” by Analysts

Shares of Icade SA (OTCMKTS:CDMGFGet Rating) have received an average recommendation of “Hold” from the seven research firms that are currently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $66.10.

Several brokerages have issued reports on CDMGF. Barclays upgraded Icade from an “underweight” rating to an “overweight” rating in a research note on Thursday, March 10th. Oddo Bhf lowered Icade from an “outperform” rating to an “underperform” rating in a research note on Thursday, February 10th. UBS Group assumed coverage on Icade in a research note on Friday, January 14th. They set a “buy” rating on the stock. Morgan Stanley decreased their price objective on Icade from €78.00 ($85.71) to €68.00 ($74.73) in a research note on Monday, March 28th. Finally, Citigroup decreased their price objective on Icade to €64.20 ($70.55) and set a “neutral” rating on the stock in a research note on Wednesday, April 6th.

Shares of CDMGF remained flat at $$60.16 during mid-day trading on Wednesday. The business’s fifty day moving average is $63.29 and its 200-day moving average is $71.53. Icade has a fifty-two week low of $54.00 and a fifty-two week high of $92.93.

Icade Company Profile (Get Rating)

As an investor and a developer, Icade is an integrated real estate player that designs innovative real estate products and services adapted to new urban lifestyles and habits. By placing corporate social responsibility and innovation at the core of its strategy, Icade is closely involved with stakeholders and users in the citiesÂlocal authorities and communities, companies and employees, institutions and associations As an office and healthcare property investor (portfolio value of Â11.6bn as of 06/30/2020 on a proportionate consolidation basis) and as a property developer (2019 economic revenues of nearly Â1bn), Icade has been able to reinvent the real estate business and foster the emergence of tomorrow's greener, smarter and more responsible cities.

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Analyst Recommendations for Icade (OTCMKTS:CDMGF)

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