Citigroup Issues a Downgrade for Schibsted (OTCMKTS:SBSNF) from a “Neutral” to “Sell” Rating


Schibsted (OTCMKTS:SBSNF) Receives a Downgrade

Citigroup cut their rating for shares of Schibsted (OTCMKTS:SBSNF) from “Neutral” to “Sell” in an interesting research report that was issued to investors and clients on Wednesday morning.

It is down 41.74% since May 13, 2015 and is downtrending. It has underperformed by 39.11% the S&P500.