Icade (OTCMKTS:CDMGF – Get Rating) had its price objective dropped by equities researchers at Deutsche Bank Aktiengesellschaft from €74.00 ($77.08) to €50.00 ($52.08) in a report issued on Wednesday, The Fly reports. The firm currently has a “hold” rating on the stock.
A number of other equities analysts have also issued reports on the company. Morgan Stanley decreased their price objective on Icade from €78.00 ($81.25) to €68.00 ($70.83) in a report on Monday, March 28th. Barclays raised shares of Icade from an “underweight” rating to an “overweight” rating in a report on Thursday, March 10th. Finally, Citigroup lowered their target price on shares of Icade to €64.20 ($66.88) and set a “neutral” rating on the stock in a research note on Wednesday, April 6th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $67.60.
OTCMKTS CDMGF opened at $58.16 on Wednesday. The company has a 50-day moving average price of $61.33 and a two-hundred day moving average price of $65.95. Icade has a 52 week low of $54.00 and a 52 week high of $92.93.
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 citieslocal authorities and communities, companies and employees, institutions and associations.
- Get a free copy of the StockNews.com research report on Icade (CDMGF)
- Procter & Gamble Stock Continues to Be Resilient Despite Turmoil
- Insiders Sell Tractor Supply Company, Oh No!
- Analog Devices Stock is a Defensive Semiconductor Play
- HP Inc. Stock Is a Steady Eddie Gainer
- Why These 3 Farming Stocks Keep Plowing Ahead
Receive News & Ratings for Icade Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Icade and related companies with MarketBeat.com's FREE daily email newsletter.