Morgan Stanley Reaffirms Their Hold Rating on Iveco Group NV (IVG)

Morgan Stanley analyst Shaqeal Kirunda maintained a Hold rating on Iveco Group NV (IVG – Research Report) today and set a price target of €12.50. The company’s shares closed yesterday at €9.55.

According to TipRanks, Kirunda is ranked 4136 out of 9254 analysts.

Iveco Group NV has an analyst consensus of Moderate Buy, with a price target consensus of €12.20.

The company has a one-year maximum of €14. 80 and a one-year minimum of €7. 89. Currently, Iveco Group NV has an average volume of 2. 46 million.

Based on recent corporate insider activity from 54 insiders, corporate insider sentiment is negative towards the stock. This means that over the last quarter there has been an increase in the number of insiders promoting their IVG shares earlier this year.

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