Electrolux AB (OTCMKTS:ELUXY) Given Average Rating of “Hold” by Brokerages
Electrolux AB (OTCMKTS:ELUXY) has been assigned a consensus recommendation of “Hold” from the five analysts that are currently covering the stock. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $49.00.
Several analysts have issued reports on ELUXY shares. Royal Bank Of Canada downgraded shares of Electrolux AB from an “outperform” rating to a “sector perform” rating in a research note on Thursday, July 21st. Morgan Stanley downgraded shares of Electrolux AB from an “overweight” rating to an “equal weight” rating in a research note on Thursday, July 21st.
Electrolux AB (OTCMKTS:ELUXY) opened at 49.705 on Thursday. The firm has a market capitalization of $7.14 billion, a PE ratio of 24.012 and a beta of 1.42. Electrolux AB has a 52-week low of $41.22 and a 52-week high of $62.54. The stock’s 50 day moving average price is $50.55 and its 200 day moving average price is $52.80.
About Electrolux AB
Electrolux AB is a Sweden-based company engaged in producing home appliances. The Company operates through two business areas: consumer durables, which includes its five segments: Major Appliances Europe, Middle East and Africa, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/ Pacific, and Small Appliances, and professional products business, which includes the Company’s Professional Products segment.
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