Zacks Investment Research upgraded shares of Atlas Copco AB (NASDAQ:ATLKY) from a sell rating to a hold rating in a report released on Tuesday morning.

According to Zacks, “ATLAS COPCO is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 160 markets. “

Atlas Copco AB (NASDAQ:ATLKY) opened at 29.30 on Tuesday. The stock’s 50 day moving average is $28.82 and its 200-day moving average is $26.46. The firm has a market capitalization of $35.64 billion and a PE ratio of 27.98. Atlas Copco AB has a one year low of $19.91 and a one year high of $30.00.

Atlas Copco AB Company Profile

5 Day Chart for NASDAQ:ATLKY

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