Should Investors Be Selling Davide Campari (OTCMKTS:DVDCY) Stock Following Today’s BofA Merrill Downgrade?


Davide Campari (OTCMKTS:DVDCY) Receives a Downgrade

BofA Merrill lowered the rating for shares of Davide Campari (OTCMKTS:DVDCY) to aNeutral from a Buy. This rather important rating change was announced in a very recent research note earlier today.

From a total of 1 analysts covering Davide Campari (OTCMKTS:DVDCY) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. Davide Campari was the topic of 2 analyst reports since September 24, 2015 according to the firm StockzIntelligence Inc. Societe Generale downgraded shares on November 5 to “Sell” rating.

It is down 9.25% since May 11, 2015 and is uptrending. It has outperformed by 13.67% the S&P500.

Davide Campari Milano SpA is an Italy firm engaged in the beverage industry. The company has a market cap of $4.94 billion. It makes and distributes alcoholic and non-alcoholic beverages. It currently has negative earnings. The Company‘s business activities are divided into three divisions.