AB SKF (SKFRY) Receives $25.00 Consensus Price Target from Brokerages
Shares of AB SKF (OTCMKTS:SKFRY) have earned a consensus recommendation of “Hold” from the seven ratings firms that are covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating on the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $25.00.
A number of research analysts have commented on the company. Zacks Investment Research upgraded AB SKF from a “sell” rating to a “buy” rating and set a $25.00 target price on the stock in a research note on Tuesday, May 2nd. ValuEngine upgraded AB SKF from a “hold” rating to a “buy” rating in a research note on Saturday, June 3rd.
AB SKF (OTCMKTS:SKFRY) traded down 0.82% during trading on Tuesday, hitting $19.71. The stock had a trading volume of 5,957 shares. The firm has a market cap of $8.97 billion, a price-to-earnings ratio of 15.40 and a beta of 0.31. The firm’s 50 day moving average is $20.59 and its 200 day moving average is $20.21. AB SKF has a 1-year low of $15.34 and a 1-year high of $22.30.
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’s segments include Industrial and Automotive.
Receive News & Stock Ratings for AB SKF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AB SKF and related stocks with our FREE daily email newsletter.