Zacks: Electrolux AB (NASDAQ:ELUXY) Given Consensus Recommendation of “Hold” by Brokerages
Electrolux AB (NASDAQ:ELUXY) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Brokerages have set a twelve-month consensus price objective of $55.49 for the company, according to Zacks. Zacks has also assigned Electrolux AB an industry rank of 246 out of 265 based on the ratings given to related companies.
A number of brokerages have recently commented on ELUXY. Morgan Stanley lowered shares of Electrolux AB from an “overweight” rating to an “equal weight” rating in a research report on Thursday, July 21st. Zacks Investment Research lowered shares of Electrolux AB from a “hold” rating to a “strong sell” rating in a research report on Wednesday, July 13th. RBC Capital Markets lowered shares of Electrolux AB from an “outperform” rating to a “sector perform” rating in a research report on Thursday, July 21st. Finally, Royal Bank Of Canada lowered shares of Electrolux AB from an “outperform” rating to a “sector perform” rating in a research report on Thursday, July 21st.
Electrolux AB (NASDAQ:ELUXY) opened at 47.84 on Monday. Electrolux AB has a 12 month low of $41.22 and a 12 month high of $62.54. The firm has a market capitalization of $6.87 billion and a P/E ratio of 23.00. The stock’s 50 day moving average price is $51.61 and its 200 day moving average price is $52.75.
Electrolux AB Company Profile
Electrolux AB is a Sweden-based company engaged in producing home appliances. The Company operates through two business areas: consumer durables, which includes its five segments: Major Appliances Europe, Middle East and Africa, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/ Pacific, and Small Appliances, and professional products business, which includes the Company’s Professional Products segment.
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