SDVKY has been the topic of several other research reports. Societe Generale restated a buy rating on shares of Sandvik in a report on Tuesday, September 29th. Smith Barney Citigroup restated a buy rating on shares of Sandvik in a research note on Friday, December 11th. JPMorgan Chase & Co. restated an overweight rating on shares of Sandvik in a research report on Monday, December 7th. Deutsche Bank Aktiengesellschaft reissued a hold rating on shares of Sandvik in a research report on Tuesday. Finally, The Goldman Sachs Group restated a buy rating on shares of Sandvik in a research note on Friday, October 2nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus target price of $20.00.
OTCMKTS SDVKY opened at $26.26 on Wednesday. Sandvik has a 1 year low of $11.20 and a 1 year high of $26.91. The company has a fifty day simple moving average of $24.17 and a 200 day simple moving average of $20.89. The company has a market cap of $32.94 billion, a P/E ratio of 49.55, a P/E/G ratio of 5.70 and a beta of 1.19.
A hedge fund recently bought a new position in Sandvik stock. Captrust Financial Advisors acquired a new stake in Sandvik AB (OTCMKTS:SDVKY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 3,949 shares of the industrial products company’s stock, valued at approximately $78,000. 0.13% of the stock is owned by hedge funds and other institutional investors.
Sandvik Company Profile
Sandvik AB (publ) operates as an engineering company in the areas of mining and rock excavation, metal cutting, and materials technology worldwide. The company offers metal-cutting tools and tooling systems, including boring, drilling, milling, reaming, and turning tools, as well as tailor made tools and inserts, and tooling systems.
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