HEXAGON AB/ADR (OTCMKTS:HXGBY) Given “Neutral” Rating at UBS Group
UBS Group reaffirmed their neutral rating on shares of HEXAGON AB/ADR (OTCMKTS:HXGBY) in a report issued on Wednesday morning, The Fly reports.
Other research analysts have also issued reports about the company. Morgan Stanley restated an underweight rating on shares of HEXAGON AB/ADR in a research report on Monday, July 27th. Barclays restated an underweight rating on shares of HEXAGON AB/ADR in a research report on Friday, July 10th. Deutsche Bank restated a hold rating on shares of HEXAGON AB/ADR in a research report on Monday, July 27th. JPMorgan Chase & Co. restated a neutral rating on shares of HEXAGON AB/ADR in a research report on Tuesday, July 14th. Finally, DNB Markets lowered HEXAGON AB/ADR from a buy rating to a hold rating in a report on Thursday, April 30th. Two research analysts have rated the stock with a sell rating and five have issued a hold rating to the company. The stock presently has an average rating of Hold.
HXGBY opened at $64.39 on Wednesday. HEXAGON AB/ADR has a 52 week low of $33.79 and a 52 week high of $67.33. The business has a fifty day simple moving average of $60.30 and a 200-day simple moving average of $52.86.
Hexagon AB (publ) provides information technology solutions for geospatial and industrial landscapes worldwide. The company operates through two segments, Industrial Enterprise Solutions (IES) and Geospatial Enterprise Solutions (GIS). The IES segment offers metrology systems that incorporate the in sensor technology for measurements, as well as computer-aided design, computer-aided manufacturing, and computer-aided engineering software.
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