Metso Outotec Oyj (OTCMKTS:OUKPY) Given Average Recommendation of “Buy” by Brokerages
Metso Outotec Oyj (OTCMKTS:OUKPY) has been assigned a consensus rating of “Buy” from the six ratings firms that are currently covering the company, MarketBeat.com reports. Six investment analysts have rated the stock with a buy rating.
Several research analysts have weighed in on OUKPY shares. Credit Suisse Group restated an “outperform” rating on shares of Metso Outotec Oyj in a report on Friday. UBS Group restated a “buy” rating on shares of Metso Outotec Oyj in a report on Wednesday, February 17th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Metso Outotec Oyj in a report on Monday, December 7th. Morgan Stanley reiterated an “overweight” rating on shares of Metso Outotec Oyj in a research note on Wednesday, February 17th. Finally, Royal Bank of Canada initiated coverage on shares of Metso Outotec Oyj in a research note on Friday, January 22nd. They issued an “outperform” rating for the company.
OUKPY traded up $0.26 during trading on Tuesday, hitting $5.80. 8,674 shares of the company’s stock were exchanged, compared to its average volume of 8,826. The business’s 50 day moving average is $5.14 and its two-hundred day moving average is $4.23. Metso Outotec Oyj has a fifty-two week low of $2.63 and a fifty-two week high of $6.84.
Metso Outotec Oyj provides sustainable technologies and end-to-end solutions and services for minerals processing, aggregates, metals refining, and recycling industries worldwide. It offers a range of equipment, parts, and services for quarries, aggregates contractors, construction companies, as well as for demolition and recycling applications; and a portfolio of process solutions, equipment, and services, as well as plant delivery capability for mining operations.
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