Amundi (OTCMKTS:AMDUF) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of Amundi (OTCMKTS:AMDUFGet Rating) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $70.90.

A number of analysts recently issued reports on the company. The Goldman Sachs Group initiated coverage on Amundi in a research report on Tuesday, July 19th. They issued a “buy” rating for the company. JPMorgan Chase & Co. reduced their price target on shares of Amundi from €70.00 ($71.43) to €65.00 ($66.33) and set an “overweight” rating for the company in a research report on Wednesday, July 6th. Morgan Stanley lowered their price objective on shares of Amundi from €67.70 ($69.08) to €66.60 ($67.96) in a research report on Friday, July 22nd. Keefe, Bruyette & Woods upgraded shares of Amundi from a “market perform” rating to an “outperform” rating in a research note on Tuesday, May 31st. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Amundi from €89.00 ($90.82) to €65.00 ($66.33) and set a “hold” rating for the company in a research note on Tuesday, July 5th.

Amundi Stock Performance

OTCMKTS AMDUF opened at $50.12 on Monday. The company has a fifty day moving average of $52.73 and a two-hundred day moving average of $58.04. Amundi has a 1 year low of $49.58 and a 1 year high of $90.53.

About Amundi

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Amundi is a publically owned investment manager. The firm engages in the asset management business. The company provides a range of retail products and solutions through quasi-exclusive distribution agreements with the retail banking networks of the Crédit Agricole and the Société Générale groups in France; and through international partner networks and joint ventures outside France, as well as through third-party distributors primarily in France, rest of Europe, and Asia.

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Analyst Recommendations for Amundi (OTCMKTS:AMDUF)

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