TD Securities cut shares of Morneau Shepell (TSE:MSI) from a buy rating to a hold rating in a report issued on Friday. They currently have C$27.00 target price on the stock, up from their previous target price of C$25.00.
Other equities analysts have also issued research reports about the company. CIBC lifted their price target on Morneau Shepell from C$24.50 to C$27.25 in a research report on Friday. Laurentian Bank of Canada reaffirmed a buy rating and issued a C$25.00 price target on shares of Morneau Shepell in a research report on Tuesday, December 12th. Laurentian set a C$25.00 price target on Morneau Shepell and gave the stock a buy rating in a research report on Tuesday, December 12th. Finally, National Bank Financial lifted their price target on Morneau Shepell from C$24.00 to C$26.00 and gave the stock an outperform rating in a research report on Thursday. Two analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Morneau Shepell presently has an average rating of Buy and an average target price of C$25.54.
Morneau Shepell (MSI) opened at C$24.92 on Friday. The stock has a market capitalization of $1,330.00, a PE ratio of 40.19 and a beta of 0.63. Morneau Shepell has a 52-week low of C$19.00 and a 52-week high of C$25.61.
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Morneau Shepell Company Profile
Morneau Shepell Inc is a Canada-based company, which provides health and productivity, administrative and retirement solutions to assist employers in managing the financial security, health and productivity of their employees. The Company offers its services to organizations that are situated in Canada, the United States and internationally.
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