Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Given Consensus Recommendation of “Hold” by Brokerages

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has been assigned a consensus rating of “Hold” from the six brokerages that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a strong buy rating on the company.

Several research firms have weighed in on KNYJY. Barclays restated an “underweight” rating on shares of Kone Oyj in a research note on Wednesday, December 3rd. Citigroup cut Kone Oyj from a “buy” rating to a “neutral” rating in a research note on Monday, January 26th. BNP Paribas Exane upgraded Kone Oyj to a “strong sell” rating in a report on Tuesday, March 3rd. Royal Bank Of Canada upgraded Kone Oyj from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 13th. Finally, Sanford C. Bernstein raised shares of Kone Oyj to a “strong-buy” rating in a research note on Friday, December 5th.

Kone Oyj Stock Down 0.3%

KNYJY stock opened at $31.82 on Monday. The stock has a market cap of $28.84 billion, a P/E ratio of 29.73, a PEG ratio of 1.72 and a beta of 0.69. Kone Oyj has a twelve month low of $25.42 and a twelve month high of $38.29. The business’s 50-day moving average price is $34.84 and its 200-day moving average price is $34.44. The company has a quick ratio of 0.92, a current ratio of 1.08 and a debt-to-equity ratio of 0.18.

Kone Oyj (OTCMKTS:KNYJY) last announced its quarterly earnings data on Friday, February 6th. The company reported $0.30 earnings per share (EPS) for the quarter. Kone Oyj had a net margin of 8.76% and a return on equity of 40.59%. The firm had revenue of $3.45 billion during the quarter. On average, equities research analysts forecast that Kone Oyj will post 1.06 EPS for the current year.

Kone Oyj Company Profile

Kone Oyj is a Finland-based company that designs, manufactures and services elevators, escalators and automatic building doors. Founded in 1910 and headquartered in Espoo, Kone has grown into a global provider of people-flow solutions, supplying new equipment as well as modernization and maintenance services for a wide range of buildings, including residential, commercial, healthcare, retail and transportation facilities.

The company’s core activities include the engineering and installation of elevator and escalator systems, ongoing maintenance programs to ensure safety and uptime, and modernization of aging equipment to improve performance and energy efficiency.