Moncler (MONRY) Expected to Post Earnings on Wednesday

Moncler (OTCMKTS:MONRY) is expected to be issuing its resultson Wednesday, July 22nd. Analysts expect Moncler to post earnings of $0.6780 per share and revenue of $1.4792 billion for the quarter.

Moncler Stock Performance

MONRY stock opened at $58.02 on Monday. Moncler has a 1 year low of $53.24 and a 1 year high of $71.41. The stock has a 50-day moving average price of $60.23 and a two-hundred day moving average price of $61.43.

Analysts Set New Price Targets

Several brokerages have issued reports on MONRY. Citigroup restated a “buy” rating on shares of Moncler in a research report on Friday, April 24th. Morgan Stanley started coverage on Moncler in a report on Tuesday, June 23rd. They set an “equal weight” rating on the stock. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Buy”.

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.