Berenberg Bank analyst Alex Maroccia reiterated a Hold rating on Sothebys (BID) on March 8 and set a price target of $39. The company’s shares closed yesterday at $40.10.
According to TipRanks.com, Maroccia is ranked #3168 out of 5236 analysts.
Currently, the analyst consensus on Sothebys is a Hold with an average price target of $41.50.
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The company has a one-year high of $60.16 and a one-year low of $35.62. Currently, Sothebys has an average volume of 553.7K.
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Sotheby’s operates as an art auction house. It operates through the following segments: Agency, SFS, and All Other. The Agency segment accepts property on consignment, and match sellers to buyers through the auction of private sale process.
