Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of Brunello Cucinelli S.p.A. – Unsponsored ADR (OTCMKTS:BCUCY) have received a consensus recommendation of “Moderate Buy” from the six research firms that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company.

A number of analysts have recently issued reports on the stock. Morgan Stanley reiterated an “overweight” rating on shares of Brunello Cucinelli in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Brunello Cucinelli in a research note on Monday, August 3rd. Finally, Citigroup began coverage on shares of Brunello Cucinelli in a report on Tuesday, August 4th. They set a “buy” rating on the stock.

Brunello Cucinelli Trading Down 0.6%

Shares of OTCMKTS BCUCY opened at $8.65 on Wednesday. Brunello Cucinelli has a 12-month low of $7.87 and a 12-month high of $12.55. The stock has a fifty day moving average price of $9.75 and a 200 day moving average price of $9.52.

About Brunello Cucinelli

Brunello Cucinelli S.p.A. is an Italian luxury fashion house founded in 1978 by entrepreneur and designer Brunello Cucinelli. Headquartered in the medieval village of Solomeo, near Perugia, the company has built a reputation for its high-end cashmere knitwear and a refined approach to timeless menswear, womenswear and accessories.

The company’s product portfolio encompasses ready-to-wear collections for men and women, accessories such as scarves, hats and bags, footwear and home goods.