Amundi (OTCMKTS:AMDUF – Get Rating) had its price objective increased by Morgan Stanley from €61.30 ($62.55) to €63.60 ($64.90) in a research report report published on Wednesday morning, The Fly reports. The brokerage currently has an equal weight rating on the stock.
Separately, Societe Generale reduced their price target on shares of Amundi from €65.00 ($66.33) to €59.00 ($60.20) in a research note on Tuesday, November 1st. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Amundi presently has a consensus rating of Moderate Buy and an average target price of $67.92.
Amundi Price Performance
Shares of AMDUF opened at $45.79 on Wednesday. Amundi has a twelve month low of $41.00 and a twelve month high of $90.53. The company’s fifty day simple moving average is $45.21 and its 200-day simple moving average is $50.87.
Amundi Company Profile
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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