Goldman Sachs Initiates Central European Media With Neutral

Analysts at Goldman Sachs initiated coverage on shares of

with a Neutral rating. The target price for Central European Media is set to $2.80. Central European Media shares have declined 16.51% over the past 52 weeks, while the S&P 500 index has gained 9.52% in the same period. Central European Media's shares climbed 5% to close at $2.73 on Friday.