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

Moncler S.P.A. – Unsponsored ADR (OTCMKTS:MONRY – Get Free Report) has earned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat Ratings reports. Two research analysts have rated the stock with a hold recommendation, five have given a buy recommendation and one has given a strong buy recommendation to the company.

A number of research analysts have recently weighed in on the company. HSBC restated a “buy” rating on shares of Moncler in a report on Wednesday, September 9th. The Goldman Sachs Group assumed coverage on shares of Moncler in a report on Sunday. They set a “buy” rating on the stock. Morgan Stanley began coverage on shares of Moncler in a report on Tuesday, June 23rd. They issued an “equal weight” rating for the company. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Moncler in a research note on Tuesday, September 22nd. Finally, Citigroup restated a “buy” rating on shares of Moncler in a research note on Wednesday, August 19th.

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Moncler Trading Up 0.0%

MONRY stock opened at $48.53 on Friday. Moncler has a 52-week low of $47.56 and a 52-week high of $71.41. The business has a 50-day simple moving average of $53.20 and a two-hundred day simple moving average of $58.05.

About Moncler

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Moncler S.p.A. is an Italian luxury apparel company best known for its premium outerwear, including down jackets, parkas and other cold-weather garments. Its product range also includes clothing, footwear, bags, accessories and related lifestyle products for men, women and children.

The company was founded in 1952 in Monestier-de-Clermont, France, and later developed its corporate and creative base in Italy. Moncler has expanded from its original focus on technical mountain clothing into a global luxury brand, combining performance-oriented materials and designs with fashion-led collections and collaborations.

Moncler sells its products through directly operated stores, e-commerce platforms and selected wholesale partners across Europe, Asia and the Americas.

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