Morgan Stanley Initiates Coverage on Uponor Oyj (OTCMKTS:UPNRF)

Research analysts at Morgan Stanley assumed coverage on shares of Uponor Oyj (OTCMKTS:UPNRFGet Rating) in a research note issued to investors on Thursday, The Fly reports. The brokerage set an “equal weight” rating on the stock.

OTCMKTS UPNRF opened at $17.00 on Thursday. Uponor Oyj has a twelve month low of $17.00 and a twelve month high of $33.00. The firm’s 50 day moving average price is $20.30 and its two-hundred day moving average price is $22.37.

Uponor Oyj Company Profile (Get Rating)

Uponor Oyj provides plumbing, indoor climate, and infrastructure solutions in Europe and North America. The company operates through three segments: Building Solutions Â- Europe, Building Solutions Â- North America, and Uponor Infra. It offers drinking water delivery systems, including plastic plumbing pipe systems, multi-layer composite pipe systems for residential buildings, commercial and public buildings; underfloor heating and cooling, floor integrated underfloor heating systems, water based floor heating, electric underfloor heating for new buildings and renovation projects; wall heating and cooling systems radiant heating and cooling via the wall, for wet and dry plaster installation systems in new buildings and renovation projects.

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