Metso Corp. (MXCYY) Rating Reiterated by Credit Suisse Group AG
Metso Corp. (OTCMKTS:MXCYY)‘s stock had its “neutral” rating reissued by investment analysts at Credit Suisse Group AG in a research report issued to clients and investors on Tuesday.
A number of other research firms have also recently weighed in on MXCYY. Zacks Investment Research raised Metso Corp. from a “hold” rating to a “buy” rating and set a $7.25 price target for the company in a report on Wednesday, July 13th. Barclays PLC raised Metso Corp. from an “underweight” rating to an “equal weight” rating in a report on Friday, July 22nd.
Shares of Metso Corp. (OTCMKTS:MXCYY) remained flat at $7.03 during midday trading on Tuesday. 4 shares of the company traded hands. The company’s 50-day moving average price is $7.09 and its 200-day moving average price is $6.28. Metso Corp. has a 52-week low of $4.76 and a 52-week high of $7.38. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 22.92 and a beta of 2.12.
Metso Corp. Company Profile
Metso Oyj is a global supplier of sustainable technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.
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