Moncler (OTCMKTS:MONRY) Coverage Initiated by Analysts at Morgan Stanley

Morgan Stanley assumed coverage on shares of Moncler (OTCMKTS:MONRY) in a research report issued on Tuesday. The brokerage set an “equal weight” rating on the stock.

Other research analysts also recently issued research reports about the stock. Barclays reissued an “overweight” rating on shares of Moncler in a research note on Monday, February 23rd. Citigroup reaffirmed a “buy” rating on shares of Moncler in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Moncler presently has a consensus rating of “Buy”.

Moncler Price Performance

Shares of OTCMKTS:MONRY remained flat at $58.10 on Tuesday. The stock had a trading volume of 17,852 shares, compared to its average volume of 14,706. Moncler has a twelve month low of $53.24 and a twelve month high of $71.41. The business has a 50-day moving average of $62.57 and a 200 day moving average of $62.57.

Moncler Company Profile

Moncler S.p.A. is an Italian luxury fashion house best known for its high-end down jackets and skiwear. Established in 1952 in Monestier-de-Clermont, near Grenoble, France, the company has built a strong reputation for combining technical performance with refined aesthetics. Its core product lineup includes insulated jackets, vests, coats, knitwear, footwear and accessories, all designed to withstand extreme weather while meeting the standards of high fashion.

Originally founded by René Ramillon and André Vincent as a maker of quilted sleeping bags and tents, Moncler gradually shifted focus to outerwear for mountain sports.