Metso Outotec Oyj (OTCMKTS:OUKPY) Receives $11.00 Average PT from Brokerages

Metso Outotec Oyj (OTCMKTS:OUKPY) has received a consensus rating of “Buy” from the twelve analysts that are presently covering the firm, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $11.20.

Several brokerages have recently weighed in on OUKPY. Morgan Stanley raised their target price on Metso Outotec Oyj from €11.20 ($12.73) to €11.40 ($12.95) in a research note on Friday. Berenberg Bank began coverage on Metso Outotec Oyj in a research note on Tuesday, October 12th. They set a “buy” rating for the company.

OTCMKTS OUKPY traded up $0.14 during trading hours on Friday, hitting $5.88. The company had a trading volume of 24,425 shares, compared to its average volume of 10,233. Metso Outotec Oyj has a fifty-two week low of $4.29 and a fifty-two week high of $6.84. The firm’s 50 day moving average is $5.32 and its 200 day moving average is $5.28.

The firm also recently announced a dividend, which was paid on Friday, November 26th. Stockholders of record on Wednesday, November 3rd were paid a dividend of $0.1184 per share. The ex-dividend date of this dividend was Tuesday, November 2nd. This represents a dividend yield of 2.39%.

Metso Outotec Oyj Company Profile

Metso Outotec Oyj manufactures and supplies equipment for the mining industry. It is a supplier of sustainable technologies, end-to-end solutions and services for the minerals processing, aggregates, and metals refining industries. The firm operates through the following segments: Aggregates, Minerals, and Metals segments.

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Analyst Recommendations for Metso Outotec Oyj (OTCMKTS:OUKPY)

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