Morneau Shepell (MSI) Receives “Buy” Rating from Laurentian Bank of Canada
Morneau Shepell (TSE:MSI)‘s stock had its “buy” rating reissued by equities researchers at Laurentian Bank of Canada in a report released on Tuesday, StockTargetPrices.com reports. They presently have a C$25.00 price target on the stock. Laurentian Bank of Canada’s price objective points to a potential upside of 11.86% from the company’s previous close.
MSI has been the subject of a number of other reports. National Bank Financial upped their target price on Morneau Shepell from C$22.50 to C$24.00 and gave the company an “outperform” rating in a research report on Monday, November 27th. TD Securities upped their target price on Morneau Shepell from C$24.00 to C$25.00 and gave the company a “buy” rating in a research report on Thursday, November 9th. Finally, Laurentian set a C$25.00 target price on Morneau Shepell and gave the company a “buy” rating in a research report on Tuesday. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Morneau Shepell presently has an average rating of “Buy” and an average target price of C$23.60.
Shares of Morneau Shepell (TSE:MSI) traded up C$0.01 during midday trading on Tuesday, hitting C$22.35. The company had a trading volume of 33,633 shares, compared to its average volume of 54,362. Morneau Shepell has a 1 year low of C$18.32 and a 1 year high of C$22.60.
Morneau Shepell Company Profile
Morneau Shepell Inc is a Canada-based company, which provides health and productivity, administrative and retirement solutions to assist employers in managing the financial security, health and productivity of their employees. The Company offers its services to organizations that are situated in Canada, the United States and internationally.
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