AB SKF (NASDAQ:SKFRY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday.

According to Zacks, “SKF AB engages in the manufacturing of ball and roller bearings, seals, tools for mounting/dismounting bearings, lubricants and measuring/monitoring instruments. It also produces roller bearing steel and other special steels. The Company operates in three divisions: Industrial Division, Service Division and Automotive Division. It also offers products and knowledge-based services comprising hardware and software, consulting, mechanical services, predictive and preventive maintenance, condition monitoring, decision-support systems and performance-based contracts. SKF AB is headquartered in Gothenburg, Sweden. “

AB SKF (NASDAQ:SKFRY) opened at 17.69 on Wednesday. AB SKF has a 12-month low of $14.25 and a 12-month high of $18.87. The stock has a 50 day moving average price of $0.00 and a 200-day moving average price of $0.00.

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About AB SKF

AB SKF is a supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company’s services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company operates through three business areas: Industrial Market, Automotive Market and Specialty Business.

5 Day Chart for NASDAQ:SKFRY

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