Adevinta ASA (OTCMKTS:ADEVF) Given Consensus Rating of “Moderate Buy” by Brokerages

Adevinta ASA (OTCMKTS:ADEVF) has received an average recommendation of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $65.00.

Several equities analysts recently issued reports on ADEVF shares. HSBC raised Adevinta ASA from a “hold” rating to a “buy” rating in a research report on Tuesday, July 25th. Morgan Stanley upgraded Adevinta ASA from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, May 17th.

Adevinta ASA Trading Up 0.1 %

Adevinta ASA stock opened at $7.37 on Tuesday. The stock has a 50-day moving average of $6.89 and a two-hundred day moving average of $6.98. Adevinta ASA has a one year low of $6.47 and a one year high of $7.37.

About Adevinta ASA

Adevinta ASA owns and operates online classifieds sites. The company's products and services include generalist classifieds, specialist real estate, motors, and jobs sites. It operates various online classifieds sites under the Adverts.ie, Agriaffaires, A Vendre a Louer, Autónavigátor.hu, Automobile.it, Autotrader, carsguide, coches.net, daft.ie, 2dehands/2ememain, DoneDeal, eBay Kleinanzeigen, Fotocasa, Grupo Zap, Groupe Argus, Gumtree, Habitaclia, Használtautó.hu, InfoJobs, Jófógás, Kufar, Kijiji, leboncoin, leboncoin hotel, Locasun, MachineryZone, Marktplaats, Milanuncios, mobile.de, motos.net, OLX Brasil, Paycar, Segundamano, subito, Truckscorner, Vide Dressing, vivanuncios, Willhaben, L'Argus, and Pilgo brands.