Pandora A/S (OTCMKTS:PANDY) Given New 710.00 Price Target at Morgan Stanley

Pandora A/S (OTCMKTS:PANDY – Get Rating) had its price target cut by Morgan Stanley from 780.00 to 710.00 in a research note released on Thursday morning, The Fly reports. They currently have an equal weight rating on the stock.

Several other equities analysts have also weighed in on the stock. JPMorgan Chase & Co. reduced their price target on shares of Pandora A/S from 940.00 to 810.00 and set a neutral rating for the company in a research report on Monday, April 11th. Royal Bank of Canada decreased their price objective on shares of Pandora A/S from 710.00 to 680.00 and set a sector perform rating on the stock in a research report on Wednesday. Nordea Equity Research cut Pandora A/S from a buy rating to a hold rating in a report on Thursday, May 5th. Finally, Kepler Capital Markets upgraded shares of Pandora A/S from a hold rating to a buy rating and raised their target price for the stock from 950.00 to 1,050.00 in a report on Thursday, February 10th. Four investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of Hold and a consensus target price of $812.50.

OTCMKTS:PANDY traded down $0.08 on Thursday, hitting $18.71. The company’s stock had a trading volume of 63,549 shares, compared to its average volume of 23,509. The stock has a fifty day moving average of $22.56 and a two-hundred day moving average of $27.75. Pandora A/S has a one year low of $18.12 and a one year high of $36.14.

Pandora A/S (OTCMKTS:PANDY – Get Rating) last issued its quarterly earnings results on Wednesday, February 9th. The company reported $0.73 earnings per share (EPS) for the quarter. The firm had revenue of $1.39 billion during the quarter.

The company also recently declared a dividend, which was paid on Tuesday, March 22nd. Investors of record on Monday, March 14th were given a dividend of $0.4032 per share. This represents a dividend yield of 3.57%. The ex-dividend date of this dividend was Friday, March 11th.

About Pandora A/S (Get Rating)

Pandora A/S designs, manufactures, and markets hand-finished and contemporary jewelry worldwide. The company's jewelry material includes silver and gold; gold and rose gold plated; man-made stones, natural stones, synthetic stones, pearls, and diamonds; as well as enamel, glass, leather, and textile products.

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