TD Securities lowered shares of Morneau Shepell (TSE: MSI) from a buy rating to a hold rating in a research report released on Thursday morning. TD Securities currently has $14.50 price target on the stock, down from their previous price target of $15.00.

Morneau Shepell traded up 0.98% on Thursday, hitting $13.37. Morneau Shepell has a 1-year low of $11.00 and a 1-year high of $13.99. The stock’s 50-day moving average is currently $13.15. The company has a price-to-earnings ratio of 27.58.

Morneau Shepell Inc. (Morneau Shepell), formerly Morneau Sobeco Income Fund, provides human resource consulting and outsourcing services.

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