Icade SA (OTCMKTS:CDMGF) Receives Consensus Recommendation of “Hold” from Brokerages

Icade SA (OTCMKTS:CDMGFGet Rating) has received a consensus rating of “Hold” from the seven research firms that are covering the company, MarketBeat reports. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The average 12-month target price among brokerages that have covered the stock in the last year is $66.10.

A number of research firms recently weighed in on CDMGF. Barclays raised Icade from an “underweight” rating to an “overweight” rating in a report on Thursday, March 10th. Morgan Stanley decreased their target price on Icade from €78.00 ($83.87) to €68.00 ($73.12) in a report on Monday, March 28th. Oddo Bhf downgraded Icade from an “outperform” rating to an “underperform” rating in a research note on Thursday, February 10th. UBS Group started coverage on Icade in a research note on Friday, January 14th. They issued a “buy” rating for the company. Finally, Citigroup reduced their price target on Icade to €64.20 ($69.03) and set a “neutral” rating for the company in a research note on Wednesday, April 6th.

CDMGF stock opened at $63.84 on Friday. Icade has a 1-year low of $54.00 and a 1-year high of $92.93. The business’s 50 day simple moving average is $61.04 and its 200 day simple moving average is $69.58.

About Icade (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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