Barloworld Limited (NASDAQ:BRRAY) Stock Rating Lowered by Zacks Investment Research
Zacks Investment Research lowered shares of Barloworld Limited (NASDAQ:BRRAY) from a buy rating to a sell rating in a research note issued to investors on Tuesday morning.
According to Zacks, “Barlow LTD is an international industrial brand management company that achieves durability in business through long-term value creation. Barlow represents many of the world’s greatest brands in the marketplace. They provide the vital link between manufacturer and customer. They add value through sales, deliver after-market support and provide total solutions to their customers’ needs. Their brands include Caterpillar, Hyster, Perkins, Ditch Witch and many of the world’s leading automotive brands. “
Shares of Barloworld Limited (NASDAQ:BRRAY) remained flat at $8.10 during mid-day trading on Tuesday. Barloworld Limited has a 52 week low of $5.55 and a 52 week high of $10.34. The firm has a 50 day moving average of $8.24 and a 200 day moving average of $8.79. The stock has a market cap of $1.71 billion and a price-to-earnings ratio of 12.37.
WARNING: “Barloworld Limited (NASDAQ:BRRAY) Stock Rating Lowered by Zacks Investment Research” was first posted by Watch List News and is owned by of Watch List News. If you are reading this piece on another publication, it was copied illegally and reposted in violation of U.S. & international copyright & trademark law. The original version of this piece can be viewed at https://www.watchlistnews.com/barloworld-limited-nasdaqbrray-stock-rating-lowered-by-zacks-investment-research/1461653.html.
Barloworld Limited Company Profile
Barloworld Limited is a distributor of international brands providing integrated rental, fleet management, product support and logistics solutions. The Company’s segments are Equipment, Handling, Automotive, Logistics and Corporate. The Equipment segment provides customers with solutions that include Caterpillar earthmoving equipment, engines and other complementary brands.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Barloworld Limited Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barloworld Limited and related companies with Analyst Ratings Network's FREE daily email newsletter.