Mapfre (OTCMKTS:MPFRF) Given New €1.78 Price Target at Credit Suisse Group

Mapfre (OTCMKTS:MPFRFGet Rating) had its target price lifted by analysts at Credit Suisse Group from €1.60 ($1.72) to €1.78 ($1.91) in a research report issued on Tuesday, The Fly reports.

Separately, Barclays cut their price target on Mapfre from €1.74 ($1.87) to €1.73 ($1.86) and set an “underweight” rating on the stock in a research note on Monday, April 11th.

Shares of OTCMKTS:MPFRF remained flat at $$1.95 during trading on Tuesday. Mapfre has a 52-week low of $1.79 and a 52-week high of $2.30. The stock’s 50 day simple moving average is $1.90 and its two-hundred day simple moving average is $2.02.

Mapfre Company Profile (Get Rating)

Mapfre, SA, engages in the insurance and reinsurance activities worldwide. It offers life, health, accident, savings and investment, retirement, burial, and travel and leisure insurance; and homeowner's, automobile, third-party liability, family, and other insurance. The company also provides vehicle, third-party liability and asset, agriculture and livestock, commercial establishment, and other insurance products.

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