JCDecaux (OTCMKTS: JCDXF – Get an assessment) had its target price lowered by analysts at UBS Group from €24.00 ($24.24) to €16.90 ($17.07) in a research note released Wednesday to investors, reports The Fly.
JCDXF has been the subject of a number of other research reports. Societe Generale lowered its price target on JCDecaux shares from €17.60 ($17.78) to €16.90 ($17.07) and set a “sell” rating on the stock in a research note from Friday, May 6. JPMorgan Chase & Co. downgraded shares of JCDecaux from a “neutral” rating to an “underweight” rating in a Friday, May 27 research note. Finally, Bank of America downgraded JCDecaux shares from a “buy” rating to an “underperform” rating in a Tuesday, July 5 research rating. Four investment analysts gave the stock a sell rating and three gave the stock a hold rating. According to data from MarketBeat.com, JCDecaux currently has an average rating of “Reduce” and a consensus price target of $20.46.
JCDecaux stock market performance
JCDecaux shares opened Wednesday at $17.57. The company’s 50-day simple moving average is $17.91 and its 200-day simple moving average is $21.40. The company has a debt ratio of 1.35, a quick ratio of 0.93 and a current ratio of 0.98. JCDecaux has a 1-year low of $16.50 and a 1-year high of $31.00.
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JCDecaux SA carries out outdoor advertising activities throughout the world. It operates through three segments: Street Furniture, Transport and Billboard. The Street Furniture segment is involved in mall advertising; rental of street furniture; sale and rental of equipment; and the provision of cleaning, maintenance and other activities.
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