Zacks: Outokumpu Oyj (NASDAQ:OUTKY) Receives Average Recommendation of “Hold” from Analysts
Shares of Outokumpu Oyj (NASDAQ:OUTKY) have received a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. Outokumpu Oyj ‘s rating score has declined by 200% in the last 90 days as a result of a number of analysts’ ratings changes.
Zacks has also assigned Outokumpu Oyj an industry rank of 192 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research cut shares of Outokumpu Oyj from a “buy” rating to a “hold” rating in a research note on Wednesday, May 17th.
Shares of Outokumpu Oyj (NASDAQ:OUTKY) opened at 3.89 on Monday. Outokumpu Oyj has a 52-week low of $2.15 and a 52-week high of $5.43. The company has a 50-day moving average of $4.08 and a 200 day moving average of $4.48. The stock has a market cap of $3.21 billion and a P/E ratio of 7.76.
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