Amundi (OTCMKTS:AMDUF) Shares Up 37.2% – What’s Next?

Amundi S.A. (OTCMKTS:AMDUF)’s share price was up 37.2% during mid-day trading on Thursday . The company traded as high as $111.1440 and last traded at $111.1440. 251 shares were traded during trading, a decline of 58% from the average session volume of 600 shares. The stock had previously closed at $81.01.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on AMDUF shares. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Amundi in a research note on Thursday, July 16th. Citigroup restated a “neutral” rating on shares of Amundi in a research report on Monday, July 6th. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Amundi in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Amundi Trading Down 4.6%

The company has a fifty day simple moving average of $84.71 and a 200-day simple moving average of $84.06.

About Amundi

Amundi is a leading global asset manager headquartered in Paris, France. Established in 2010 through the merger of Crédit Agricole Asset Management and Société Générale Asset Management, the firm has grown to become one of Europe’s largest investment management companies. Amundi offers a wide range of investment solutions tailored to institutional clients, private investors, distributors and corporate entities worldwide.

The company’s product lineup spans equities, fixed income, multi-asset strategies, real and alternative assets, exchange-traded funds (ETFs) and structured products.