SALVATORE FERRA/ADR (OTCMKTS:SFRGY) Rating Increased to Hold at Jefferies Financial Group

SALVATORE FERRA/ADR (OTCMKTS:SFRGY) was upgraded by analysts at Jefferies Financial Group from an “underperform” rating to a “hold” rating in a note issued to investors on Tuesday, June 25th, The Fly reports.

SFRGY traded up $0.07 on Tuesday, hitting $12.14. 1,518 shares of the company traded hands, compared to its average volume of 1,444. The stock’s 50 day moving average is $11.76. SALVATORE FERRA/ADR has a 12-month low of $9.71 and a 12-month high of $12.84.


Salvatore Ferragamo S.p.A., through its subsidiaries, creates, produces, and sells luxury goods for men and women worldwide. The company offers footwear, leather goods, apparel, silk goods, jewels, other accessories, and fragrances, as well as eyewear and watches. It provides handbags; suitcases; belts; wallets; soft accessories, such as silk twill, scarves, gloves and hats, and hair accessories; lifestyle accessories; jewelry; and ready to wear products, including outwear, knitwear, jacket and blazers, dresses, tops and shirts, pants, skirts, and children products.

Further Reading: What does a market perform rating mean?

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