Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) have been given an average rating of “Moderate Buy” by the eight research firms that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of brokerages recently commented on MONRY. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research note on Wednesday, August 19th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Moncler in a research report on Tuesday, September 22nd. The Goldman Sachs Group started coverage on shares of Moncler in a report on Sunday. They issued a “buy” rating for the company. Morgan Stanley assumed coverage on shares of Moncler in a research report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. Finally, HSBC reiterated a “buy” rating on shares of Moncler in a research report on Wednesday, September 9th.

Moncler Trading Down 0.7%

Shares of MONRY stock opened at $48.95 on Friday. Moncler has a fifty-two week low of $48.52 and a fifty-two week high of $71.41. The business’s 50 day moving average price is $53.49 and its 200-day moving average price is $58.22.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company best known for its premium outerwear, including down jackets, parkas and other cold-weather garments. Its product range also includes clothing, footwear, bags, accessories and related lifestyle products for men, women and children.

The company was founded in 1952 in Monestier-de-Clermont, France, and later developed its corporate and creative base in Italy. Moncler has expanded from its original focus on technical mountain clothing into a global luxury brand, combining performance-oriented materials and designs with fashion-led collections and collaborations.

Moncler sells its products through directly operated stores, e-commerce platforms and selected wholesale partners across Europe, Asia and the Americas.