Atlas Copco (OTCMKTS:ALFVY) Receives “Neutral” Rating from JPMorgan Chase & Co.
A number of other brokerages also recently weighed in on ALFVY. Barclays downgraded Atlas Copco from an equal weight rating to an underweight rating in a report on Thursday, June 11th. Morgan Stanley restated an equal weight rating on shares of Atlas Copco in a research note on Wednesday, March 11th. Zacks Investment Research upgraded Atlas Copco from a sell rating to a hold rating in a research note on Wednesday, May 27th. Finally, Citigroup restated a buy rating on shares of Atlas Copco in a research note on Tuesday, June 16th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have given a buy rating and one has assigned a strong buy rating to the company. Atlas Copco presently has an average rating of Hold and a consensus target price of $25.00.
Shares of ALFVY stock opened at $21.98 on Friday. Atlas Copco has a 1-year low of $14.39 and a 1-year high of $26.77. The company has a current ratio of 1.36, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38. The company has a market capitalization of $9.13 billion, a price-to-earnings ratio of 16.65 and a beta of 1.08. The stock’s fifty day simple moving average is $20.34 and its 200-day simple moving average is $21.59.
About Atlas Copco
Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations & Other. It offers fluid handling systems, such as automation and fluid control equipment; installation materials; analytical, cleaning validation, flow, level, pressure, temperature, and weighing instruments, as well as instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.
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