Electrolux AB (OTCMKTS:ELUXY) was upgraded by Goldman Sachs Group Inc. from a “neutral” rating to a “buy” rating in a note issued to investors on Thursday.

Several other equities research analysts have also recently weighed in on ELUXY. Royal Bank Of Canada cut Electrolux AB from an “outperform” rating to a “sector perform” rating in a report on Thursday, July 21st. Morgan Stanley cut Electrolux AB from an “overweight” rating to an “equal weight” rating in a report on Thursday, July 21st. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company’s stock. Electrolux AB currently has an average rating of “Hold” and an average target price of $49.00.

Electrolux AB (OTCMKTS:ELUXY) traded up 2.28% during midday trading on Thursday, hitting $50.60. The stock had a trading volume of 19,137 shares. The company has a market cap of $7.27 billion, a P/E ratio of 24.44 and a beta of 1.42. The firm’s 50-day moving average price is $50.33 and its 200 day moving average price is $52.77. Electrolux AB has a 12 month low of $41.22 and a 12 month high of $62.54.

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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