JCDecaux (OTCMKTS:JCDXF) was downgraded by stock analysts at Berenberg Bank from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, The Fly reports.
Several other analysts have also recently weighed in on the company. JPMorgan Chase & Co. cut their price objective on JCDecaux from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, November 30th. Smith Barney Citigroup reaffirmed a “neutral” rating on shares of JCDecaux in a research report on Friday, January 8th. UBS Group cut JCDecaux from a “neutral” rating to a “sell” rating in a research report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of JCDecaux in a research report on Friday, October 30th. Finally, BNP Paribas cut JCDecaux from a “neutral” rating to an “underperform” rating in a research report on Monday. Three research analysts have rated the stock with a sell rating and eight have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $16.00.
Shares of OTCMKTS:JCDXF opened at $20.06 on Tuesday. JCDecaux has a 1 year low of $15.30 and a 1 year high of $29.85. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.92 and a current ratio of 1.00. The stock’s 50-day moving average is $23.51 and its 200 day moving average is $19.56.
JCDecaux SA engages in outdoor advertising activities worldwide. The company operates in three segments: Street Furniture, Transport, and Billboard. The Street Furniture segment is involved in advertising in shopping malls; renting street furniture; selling and renting equipment; and the provision of cleaning, maintenance, and other services.
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