Shop Apotheke Europe (OTCMKTS:SAEYY) Now Covered by HSBC

HSBC initiated coverage on shares of Shop Apotheke Europe (OTCMKTS:SAEYY) in a report issued on Tuesday, The Fly reports. The brokerage issued a hold rating on the stock.

A number of other equities analysts have also commented on SAEYY. Deutsche Bank Aktiengesellschaft reaffirmed a buy rating on shares of Shop Apotheke Europe in a research report on Monday, October 4th. Credit Suisse Group started coverage on shares of Shop Apotheke Europe in a research note on Tuesday, November 30th. They set an outperform rating on the stock. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, Shop Apotheke Europe currently has an average rating of Buy.

OTCMKTS:SAEYY opened at $11.90 on Tuesday. Shop Apotheke Europe has a 52 week low of $11.90 and a 52 week high of $29.99. The firm’s 50-day simple moving average is $15.24 and its 200 day simple moving average is $15.97.

Shop Apotheke Europe Company Profile

Shop Apotheke Europe N.V. owns and operates online pharmacies in Germany, Belgium, Austria, Switzerland, the Netherlands, France, and Italy. It provides prescription medications, over-the-counter medications, and pharmacy-related beauty and personal care products, as well as food supplements. The company was founded in 2001 and is headquartered in Sevenum, the Netherlands.

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Analyst Recommendations for Shop Apotheke Europe (OTCMKTS:SAEYY)

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