Bank of America assumed coverage on shares of Ermenegildo Zegna (NYSE:ZGN – Get Rating) in a report issued on Tuesday, MarketBeat reports. The brokerage issued a buy rating and a $13.00 price target on the stock.
Separately, UBS Group lowered their price target on Ermenegildo Zegna to $10.00 in a research report on Thursday, June 9th.
Ermenegildo Zegna Price Performance
Shares of NYSE ZGN opened at $10.28 on Tuesday. The business’s 50 day moving average price is $10.69 and its 200-day moving average price is $10.44. Ermenegildo Zegna has a fifty-two week low of $8.89 and a fifty-two week high of $12.65. The company has a current ratio of 1.61, a quick ratio of 1.14 and a debt-to-equity ratio of 0.45.
Institutional Investors Weigh In On Ermenegildo Zegna
Ermenegildo Zegna Company Profile
Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear, footwear, leather goods, and other accessories under the Zegna and the Thom Browne brands. It provides luxury leisurewear for men; formal suits, tuxedos, shirts, blazers, formal overcoats, and accessories; leather accessories comprising shoes, bags, belts, and small leather accessories; and fragrances.
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