Prada (OTCMKTS:PRDSY) Upgraded to Buy at Bank of America

Prada (OTCMKTS:PRDSY) was upgraded by analysts at Bank of America from a “neutral” rating to a “buy” rating in a report issued on Tuesday,Briefing.com Automated Import reports.

Prada Price Performance

Shares of PRDSY opened at $14.15 on Tuesday. Prada has a twelve month low of $10.15 and a twelve month high of $17.05. The firm has a 50 day moving average of $14.07 and a 200 day moving average of $14.71.

Prada Company Profile

Prada S.p.A. designs, produces, and distributes leather goods, footwear, and ready to wear products worldwide. The company offers its products under the Prada, Miu Miu, Church’s, and Car Shoe brands. It operates in food sector under the Marchesi 1824 brand, as well as sailing races business under Luna Rossa brand name; eyewear and fragrances sector under licensing agreements; and engages in the real estate business.