Bending Spoons S.p.A. (NASDAQ:BSP) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Bending Spoons S.p.A. (NASDAQ:BSP) have received an average recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, Marketbeat.com reports. Five investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $40.40.

Several equities analysts recently commented on BSP shares. Jefferies Financial Group set a $38.00 target price on Bending Spoons and gave the stock a “hold” rating in a research report on Sunday, July 26th. Wells Fargo & Company assumed coverage on Bending Spoons in a report on Monday, July 27th. They set an “overweight” rating and a $45.00 price objective for the company. Evercore initiated coverage on shares of Bending Spoons in a research note on Monday, July 27th. They issued a “hold” rating and a $36.00 target price on the stock. Mizuho started coverage on shares of Bending Spoons in a research report on Monday, July 27th. They set an “outperform” rating and a $45.00 target price for the company. Finally, The Goldman Sachs Group started coverage on shares of Bending Spoons in a research note on Monday, July 27th. They issued a “buy” rating and a $43.00 price target for the company.

Bending Spoons Stock Performance

Shares of BSP opened at $35.20 on Monday. Bending Spoons has a fifty-two week low of $30.11 and a fifty-two week high of $43.98.

Bending Spoons (NASDAQ:BSP) last announced its quarterly earnings results on Monday, June 8th. The company reported $0.32 EPS for the quarter. The business had revenue of $601.32 million for the quarter.

Bending Spoons S.p.A. is a technology company in the Application Software industry.