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

Shares of Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) have earned an average recommendation of “Moderate Buy” from the nine brokerages that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation, five have assigned a buy recommendation and one has assigned a strong buy recommendation to the company.

MONRY has been the subject of several research reports. Citigroup restated 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. HSBC reissued a “buy” rating on shares of Moncler in a report on Wednesday, September 9th. The Goldman Sachs Group initiated coverage on shares of Moncler in a report on Sunday, October 4th. They set a “buy” rating for the company. Finally, Zacks Research downgraded Moncler from a “hold” rating to a “strong sell” rating in a report on Tuesday, October 27th.

Moncler Price Performance

Moncler stock opened at $52.90 on Thursday. Moncler has a 1 year low of $46.72 and a 1 year high of $71.41. The company’s 50 day simple moving average is $50.25 and its 200-day simple moving average is $57.90.

Moncler Company Profile

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.