Bending Spoons S.p.A. (NASDAQ:BSP) Given Consensus Recommendation of “Moderate Buy” by Brokerages

by · The Markets Daily

Bending Spoons S.p.A. (NASDAQ:BSP – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $45.10.

Several research analysts have recently commented on the company. Zacks Research upgraded Bending Spoons to a “hold” rating in a research report on Tuesday, July 28th. JPMorgan Chase & Co. raised their price objective on shares of Bending Spoons from $35.00 to $38.00 and gave the company a “neutral” rating in a report on Friday, August 14th. BNP Paribas Exane started coverage on shares of Bending Spoons in a research note on Monday, July 27th. They issued an “outperform” rating and a $40.00 price target on the stock. The Goldman Sachs Group started coverage on Bending Spoons in a report on Monday, July 27th. They set a “buy” rating and a $43.00 price objective on the stock. Finally, Wall Street Zen raised shares of Bending Spoons to a “hold” rating in a report on Sunday, July 12th.

View Our Latest Analysis on BSP

Bending Spoons Stock Performance

BSP opened at $41.05 on Tuesday. Bending Spoons has a 1-year low of $30.11 and a 1-year high of $58.94. The business has a 50 day simple moving average of $38.68.

Bending Spoons (NASDAQ:BSP – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.46 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.19. The firm had revenue of $704.15 million during the quarter. The company’s revenue for the quarter was up 126.3% compared to the same quarter last year. Sell-side analysts forecast that Bending Spoons will post 1.4 EPS for the current fiscal year.

About Bending Spoons

(Get Free Report)

Bending Spoons S.p.A. is a technology company. It acquires digital businesses, implements deep transformations and ongoing optimizations to sustainably expand earnings and reinvests in additional acquisitions, thereby continuing the compounding cycle. Bending Spoons S.p.A. is based in MILAN.

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