Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Stock Now Rated “Moderate Buy” by Wall Street Analysts

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

Several equities analysts recently issued reports on MONRY shares. Citigroup reiterated a “buy” rating on shares of Moncler in a research report on Wednesday, August 19th. The Goldman Sachs Group assumed coverage on Moncler in a research report on Sunday, October 4th. They set a “buy” rating on the stock. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Moncler in a report on Tuesday, September 22nd. Finally, HSBC reiterated a “buy” rating on shares of Moncler in a report on Wednesday, September 9th.

Moncler Stock Performance

Shares of OTCMKTS MONRY opened at $47.28 on Thursday. The firm has a fifty day simple moving average of $50.81 and a two-hundred day simple moving average of $58.20. Moncler has a 12 month low of $46.77 and a 12 month high of $71.41.

About Moncler

Moncler S.p.A. is an Italian luxury apparel company headquartered in Milan. Founded in 1952 in Monestier-de-Clermont, France, the company initially produced technical equipment and sleeping bags before becoming known for down jackets and other high-performance outerwear.

Moncler designs, manufactures and distributes luxury clothing, footwear and accessories for men, women and children. Its product range includes down jackets, coats, knitwear, sportswear, bags, shoes and other fashion accessories.