Chocoladefabriken Lindt & Sprüngli (OTCMKTS:LDSVF) Stock Passes Above 50-Day Moving Average of $9,821.08

Chocoladefabriken Lindt & Sprüngli AG (OTCMKTS:LDSVFGet Rating) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $9,821.08 and traded as high as $10,325.00. Chocoladefabriken Lindt & Sprüngli shares last traded at $10,323.00, with a volume of 2 shares traded.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on LDSVF. Berenberg Bank raised their target price on shares of Chocoladefabriken Lindt & Sprüngli from CHF 9,500 to CHF 10,200 in a research report on Thursday, July 28th. Kepler Capital Markets lowered shares of Chocoladefabriken Lindt & Sprüngli from a “hold” rating to a “reduce” rating in a research report on Wednesday, October 26th.

Chocoladefabriken Lindt & Sprüngli Price Performance

The business’s 50-day simple moving average is $9,821.08 and its two-hundred day simple moving average is $10,026.36.

Chocoladefabriken Lindt & Sprüngli Company Profile

(Get Rating)

Chocoladefabriken Lindt & Sprüngli AG, together with its subsidiaries, engages in the manufacture and sale of chocolate products worldwide. The company sells its products under the Lindt, Ghirardelli, Russell Stover, Whitman's, Caffarel, Hofbauer, Küfferle, and Pangburn's brands. It serves customers through a network of distributors, as well as through approximately 500 own shops.

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