Erste Group Bank Upgrades Vinci (OTCMKTS:VCISY) to Strong-Buy

Vinci (OTCMKTS:VCISY) was upgraded by analysts at Erste Group Bank from a “hold” rating to a “strong-buy” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other research analysts also recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Vinci in a research note on Thursday, February 12th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Vinci in a research report on Thursday, January 15th. Finally, Zacks Research raised shares of Vinci from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy”.

Vinci Stock Down 1.6%

Shares of VCISY opened at $37.60 on Wednesday. Vinci has a 1 year low of $29.03 and a 1 year high of $42.10. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.87. The business’s 50 day simple moving average is $37.32 and its 200-day simple moving average is $35.57.

Vinci Company Profile

Vinci (OTCMKTS: VCISY) is a France-based integrated concessions and construction company that develops, finances, builds and operates infrastructure and facilities. The group’s activities span large-scale civil engineering and building projects, operation of transport infrastructure, and specialist energy and technical services. Vinci serves public and private clients with capabilities across the full project lifecycle, from design and construction to long-term asset management and operation.

Vinci’s principal business lines include construction (building, civil engineering and major projects), energy and information & communication technology services, and concessions.