Moncler S.P.A. – Unsponsored ADR (MONRY) – What Are Analysts Thinking About This Stock?

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) has been given an average rating of “Moderate Buy” by the nine research firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have weighed in on MONRY shares. The Goldman Sachs Group initiated coverage on shares of Moncler in a research note on Sunday, October 4th. They issued a “buy” rating on the stock. Zacks Research downgraded shares of Moncler from a “hold” rating to a “strong sell” rating in a research report on Tuesday, October 27th. Citigroup restated a “buy” rating on shares of Moncler in a report on Wednesday, August 19th. HSBC reaffirmed a “buy” rating on shares of Moncler in a research report on Wednesday, September 9th. Finally, Royal Bank Of Canada reiterated a “sector perform” rating on shares of Moncler in a research note on Tuesday, September 22nd.

Moncler Stock Up 3.7%

MONRY stock opened at $49.79 on Thursday. The stock’s 50 day simple moving average is $50.41 and its 200 day simple moving average is $57.99. Moncler has a fifty-two week low of $46.72 and a fifty-two week high of $71.41.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company best known for premium down jackets and outerwear. Its products include jackets, coats, knitwear, clothing, footwear and accessories designed for both alpine environments and urban lifestyles. The company serves customers through directly operated stores, e-commerce platforms and selected wholesale partners.

Moncler was founded in 1952 in Monestier-de-Clermont, France, by René Ramillon and initially produced mountain equipment, including sleeping bags, tents and quilted clothing.