Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Amundi (OTCMKTS:AMDUF) in a research report released on Monday morning, The Fly reports.
A number of other research firms also recently weighed in on AMDUF. Credit Suisse Group raised shares of Amundi from a neutral rating to an outperform rating in a research report on Friday, October 9th. Morgan Stanley restated an overweight rating on shares of Amundi in a research report on Friday, October 9th. Finally, CSFB upgraded shares of Amundi from a neutral rating to an outperform rating in a research report on Friday, October 9th. Two investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of Buy.
Shares of OTCMKTS AMDUF opened at $74.00 on Monday. The firm’s 50-day moving average price is $74.64 and its 200-day moving average price is $72.02. Amundi has a 1-year low of $74.00 and a 1-year high of $75.00.
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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