JPMorgan Chase & Co. Upgrades Moncler (OTCMKTS:MONRY) to “Overweight”

Moncler (OTCMKTS:MONRY) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a research note issued to investors on Friday.

Separately, Barclays upgraded Moncler from a “hold” rating to an “overweight” rating in a report on Tuesday, November 4th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Moncler Stock Up 2.0%

Shares of OTCMKTS MONRY opened at $67.71 on Friday. The business’s fifty day moving average price is $62.17 and its two-hundred day moving average price is $59.77. Moncler has a 1-year low of $47.67 and a 1-year high of $71.79.

Moncler Company Profile

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 in Italy, rest of Europe, Asia, the Middle East, Africa, and the Americas. It also offers footwear products; leather goods; bags, backpacks, and accessories; and sunglasses and eyeglasses under the Moncler Lunettes brand.