Sandvik AB (OTC:SDVKY) was upgraded by analysts at Barclays PLC from an “underweight” rating to an “equal weight” rating in a research report issued on Friday.

Shares of Sandvik AB (OTC:SDVKY) opened at 14.823 on Friday. Sandvik AB has a 52-week low of $9.11 and a 52-week high of $14.97. The stock has a market capitalization of $18.59 billion and a P/E ratio of 30.563. The company has a 50 day moving average price of $13.76 and a 200-day moving average price of $12.21.

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About Sandvik AB

Sandvik AB (Sandvik) is an engineering company. The Company’s segments include Sandvik Machining Solutions, Sandvik Mining, Sandvik Materials Technology, Sandvik Construction, Sandvik Venture and Corporate. Sandvik Machining Solutions offers tool and tooling systems for industrial metal cutting. Sandvik Mining is a supplier of equipment, tools, service and technical solutions for exploration, excavation and processing of rock and minerals for mining industry.

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