Jefferies Financial Group Research Analysts Lower Earnings Estimates for ATLAS COPCO AB/S (ATLKY)
ATLAS COPCO AB/S (OTCMKTS:ATLKY) – Equities researchers at Jefferies Financial Group lowered their FY2019 earnings per share (EPS) estimates for shares of ATLAS COPCO AB/S in a research note issued on Thursday, May 16th. Jefferies Financial Group analyst G. Phillips now anticipates that the industrial products company will post earnings per share of $1.54 for the year, down from their previous forecast of $1.55. Jefferies Financial Group also issued estimates for ATLAS COPCO AB/S’s FY2020 earnings at $1.65 EPS.
ATLKY has been the subject of several other research reports. ValuEngine upgraded shares of ATLAS COPCO AB/S from a “sell” rating to a “hold” rating in a research note on Monday, April 1st. Zacks Investment Research downgraded shares of ATLAS COPCO AB/S from a “hold” rating to a “sell” rating in a research note on Tuesday, April 30th. HSBC reaffirmed a “hold” rating on shares of ATLAS COPCO AB/S in a research note on Monday, April 15th. Finally, William Blair reaffirmed a “market perform” rating on shares of ATLAS COPCO AB/S in a research note on Tuesday, January 29th. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. The stock has a consensus rating of “Hold”.
ATLAS COPCO AB/S Company Profile
Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.
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