Analysts Set AB SKF (SKFRY) PT at $22.00
AB SKF (OTCMKTS:SKFRY) has earned a consensus rating of “Hold” from the seven ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have given a buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $24.00.
Several brokerages have commented on SKFRY. Zacks Investment Research cut shares of AB SKF from a “buy” rating to a “hold” rating in a research note on Friday. ValuEngine upgraded shares of AB SKF from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd.
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Shares of AB SKF (OTCMKTS:SKFRY) traded up 0.05% during midday trading on Wednesday, hitting $21.43. The company had a trading volume of 9,078 shares. The firm has a market capitalization of $9.76 billion, a P/E ratio of 16.19 and a beta of 0.31. AB SKF has a 1-year low of $16.13 and a 1-year high of $22.30. The stock has a 50 day moving average price of $19.90 and a 200 day moving average price of $20.34.
AB SKF Company Profile
AB SKF is a supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company’s services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company’s segments include Industrial and Automotive.
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