Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) Given Average Recommendation of “Buy” by Analysts

Shares of Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY) have been assigned a consensus recommendation of “Buy” from the six analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company.

MONRY has been the topic of several analyst reports. Morgan Stanley started coverage on Moncler in a research report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. Citigroup restated a “buy” rating on shares of Moncler in a research report on Wednesday, August 19th. Finally, HSBC reiterated a “buy” rating on shares of Moncler in a research report on Wednesday, September 9th.

Moncler Stock Down 2.4%

OTCMKTS:MONRY opened at $50.16 on Wednesday. Moncler has a 1 year low of $50.05 and a 1 year high of $71.41. The business has a 50 day simple moving average of $55.55 and a 200-day simple moving average of $59.66.

About Moncler

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.