Lagardere SCA (OTCMKTS:LGDDF) Cut to Equal Weight at Barclays

Barclays downgraded shares of Lagardere SCA (OTCMKTS:LGDDF) from an overweight rating to an equal weight rating in a research report released on Thursday, The Fly reports.

OTCMKTS LGDDF opened at $17.85 on Thursday. The company’s fifty day moving average price is $17.17 and its two-hundred day moving average price is $14.48. Lagardere SCA has a 12 month low of $8.69 and a 12 month high of $22.55.

About Lagardere SCA

Lagardère SCA engages in content publishing, production, broadcasting, and distribution business worldwide. The company operates through four divisions: Lagardère Publishing, Lagardère Travel Retail, Lagardère Active, and Lagardère Sports and Entertainment. The Lagardère Publishing division includes book publishing and e-publishing businesses, which cover the areas of education, general literature, illustrated books, partworks, dictionaries, youth works, mobile games, and distribution in English, French, and Spanish languages.

Further Reading: Black Swan

The Fly

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