Moncler S.p.A. (OTCMKTS:MONRF) Receives Average Recommendation of “Buy” from Analysts

Moncler S.p.A. (OTCMKTS:MONRF – Get Rating) has received an average rating of “Buy” from the nine analysts that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $64.25.

Several analysts have recently weighed in on the stock. Jefferies Financial Group raised shares of Moncler from a “hold” rating to a “buy” rating in a research note on Thursday, February 10th. UBS Group upped their price objective on shares of Moncler from €68.00 ($73.12) to €68.50 ($73.66) and gave the stock a “buy” rating in a report on Monday, April 4th. Finally, Barclays upgraded shares of Moncler from an “equal weight” rating to an “overweight” rating in a report on Friday, April 8th.

Shares of OTCMKTS MONRF opened at $52.69 on Tuesday. Moncler has a 12-month low of $47.88 and a 12-month high of $78.05. The company has a 50-day moving average of $56.34 and a 200 day moving average of $65.84.

About Moncler (Get Rating)

Moncler S.p.A., together with its subsidiaries, designs, produces, and distributes clothing and related accessories for men, women, and children under the Moncler and Stone Island brand names. Its product portfolio includes footwear products; leather goods, such as bags, backpacks, and accessories; and sunglasses, eyeglasses, frames, and men's and women's ski goggles under the Moncler Lunettes brand.

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