Are Zodiac Aerospace (EPA:ZC) Shares Worth Your Time and Dime Following Recent JP Morgan Downgrade?

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Zodiac Aerospace (EPA:ZC) Receives a Downgrade

In analysts report issued to clients and investors on 16 December, JP Morgan has decided to downgraded rating on Zodiac Aerospace (EPA:ZC) shares to a Underweight. ZC’s prior rating was a Neutral.

From a total of 2 analysts covering Zodiac Aerospace (EPA:ZC) stock, 0 rate it a ”Buy”, 2 a “Sell”, and 0 a ”Hold”. This means that 0 of the ratings are positive. Zodiac Aerospace was the topic of 2 analyst reports since September 16, 2015 according to the firm StockzIntelligence Inc. JP Morgan downgraded shares on September 16 to “Underweight” rating.

Approximately 1.14 million shares of stock traded hands or 6.54% up from the average. Zodiac Aerospace SA (EPA:ZC) has declined 14.97% since May 19, 2015 and is downtrending. It has underperformed by 12.35% the S&P500.

Are Zodiac Aerospace (EPA:ZC) Shares Worth Your Time and Dime Following Recent JP Morgan Downgrade?

Zodiac Aerospace SA is a France-based aeronautical firm engaged in the development of aerospace equipment and systems for commercial, regional and business aircraft, as well as helicopters and space applications. The company has a market cap of 6.34 billion EUR.

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