Pareto Securities Begins Coverage on Adevinta ASA (OTCMKTS:ADEVF)

Stock analysts at Pareto Securities began coverage on shares of Adevinta ASA (OTCMKTS:ADEVFGet Rating) in a research note issued to investors on Thursday, The Fly reports. The firm set a “hold” rating on the stock.

Other analysts have also recently issued reports about the company. Jefferies Financial Group started coverage on Adevinta ASA in a report on Wednesday, February 2nd. They set a “buy” rating for the company. Credit Suisse Group decreased their target price on Adevinta ASA from 211.00 to 140.00 and set an “outperform” rating for the company in a research report on Tuesday, March 1st. Nordea Equity Research upgraded Adevinta ASA from a “hold” rating to a “buy” rating in a research report on Friday, January 21st. The Goldman Sachs Group upgraded Adevinta ASA from a “neutral” rating to a “buy” rating in a research report on Sunday, April 10th. Finally, Berenberg Bank upgraded Adevinta ASA from a “sell” rating to a “hold” rating in a research report on Monday, March 7th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $138.50.

Shares of OTCMKTS:ADEVF opened at $5.92 on Thursday. Adevinta ASA has a 1-year low of $5.92 and a 1-year high of $19.40. The business has a 50-day moving average price of $8.52 and a two-hundred day moving average price of $11.84.

About Adevinta ASA (Get Rating)

Adevinta ASA owns and operates online generalist and classifieds sites. Its products and services portfolio includes generalist classifieds sites and specialist real estate, motors, jobs, fashion, household equipment, and sport equipment sites. The company offers digital services to connect buyers and sellers, as well as facilitates transactions.

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Analyst Recommendations for Adevinta ASA (OTCMKTS:ADEVF)

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