What Next for Morneau Shepell Inc Stock After Today’s Huge Decline?

 What Next for Morneau Shepell Inc Stock After Today's Huge Decline?

The stock of Morneau Shepell Inc (TSE:MSI) is a huge mover today! About 23,823 shares traded hands. Morneau Shepell Inc (TSE:MSI) has risen 9.02% since April 27, 2016 and is uptrending. It has outperformed by 3.10% the S&P500.
The move comes after 6 months negative chart setup for the $980.74M company. It was reported on Dec, 1 by Barchart.com. We have $17.47 PT which if reached, will make TSE:MSI worth $58.84M less.

Morneau Shepell Inc (TSE:MSI) Ratings Coverage

Out of 3 analysts covering Morneau Shepell Inc (TSE:MSI), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Morneau Shepell Inc has been the topic of 7 analyst reports since August 6, 2015 according to StockzIntelligence Inc. As per Monday, June 20, the company rating was reinitiated by National Bank Canada. The stock of Morneau Shepell Inc (TSE:MSI) earned “Outperform” rating by Scotia Capital on Wednesday, November 9. The firm has “Perform – Trader” rating by Scotia Capital given on Friday, June 3.

Another recent and important Morneau Shepell Inc (TSE:MSI) news was published by Theglobeandmail.com which published an article titled: “Morneau Shepell stock: A way to play changing pensions landscape” on June 02, 2014.

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 has a market cap of $980.74 million. The Firm offers its services to organizations that are situated in Canada, the United States and internationally. It has a 42.48 P/E ratio. The Company’s services include consulting engagements, outsourcing engagements, employee and family assistance programs, and absence management solutions.

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