Salvatore Ferragamo (OTCMKTS:SFRGF) Upgraded at Sanford C. Bernstein

Salvatore Ferragamo (OTCMKTS:SFRGF) was upgraded by stock analysts at Sanford C. Bernstein from an “underperform” rating to an “outperform” rating in a report issued on Monday.

Salvatore Ferragamo Stock Performance

SFRGF opened at $10.15 on Monday. The stock has a 50-day moving average of $10.15 and a 200-day moving average of $7.90. Salvatore Ferragamo has a 52-week low of $9.00 and a 52-week high of $10.15.

About Salvatore Ferragamo

Salvatore Ferragamo S.p.A. is an Italian luxury fashion house known for its craftsmanship in footwear, leather goods, ready-to-wear, accessories, eyewear, watches and fragrances. Since its founding, the company has built a reputation for combining innovative design with high-quality materials, particularly in its signature shoe collections. In addition to its core footwear business, Ferragamo offers a range of handbags, small leather accessories and silk products that reflect its heritage of artisanal techniques.

The company was established in 1927 in Florence by Salvatore Ferragamo, who gained renown for designing custom shoes for Hollywood stars in the 1930s.