Alfa Laval AB (publ) (OTCMKTS:ALFVY)'s stock had its "equal weight" rating reiterated by investment analysts at Morgan Stanley in a research report issued to clients and investors on Wednesday, The Fly reports.
Several other research firms have also commented on ALFVY. Credit Suisse Group upgraded shares of Alfa Laval AB (publ) from a "neutral" rating to an "outperform" rating in a research report on Tuesday, February 9th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Alfa Laval AB (publ) in a report on Monday, March 1st. Zacks Investment Research cut Alfa Laval AB (publ) from a "buy" rating to a "hold" rating in a research note on Tuesday. Citigroup reaffirmed a "buy" rating on shares of Alfa Laval AB (publ) in a research note on Thursday, February 4th. Finally, Danske downgraded Alfa Laval AB (publ) from a "buy" rating to a "hold" rating in a research report on Wednesday, March 31st. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock has a consensus rating of "Hold" and an average target price of $36.00.
Shares of OTCMKTS:ALFVY traded up $0.17 during mid-day trading on Wednesday, reaching $31.44. The stock had a trading volume of 23,104 shares, compared to its average volume of 14,525. The business's 50 day moving average price is $31.48 and its 200 day moving average price is $26.68. Alfa Laval AB has a 1 year low of $16.04 and a 1 year high of $32.70. The company has a market cap of $13.19 billion, a P/E ratio of 26.20 and a beta of 1.26. The company has a current ratio of 1.68, a quick ratio of 1.14 and a debt-to-equity ratio of 0.36.
Alfa Laval AB (publ) (OTCMKTS:ALFVY) last issued its quarterly earnings data on Wednesday, February 3rd. The company reported $0.15 earnings per share (EPS) for the quarter. Alfa Laval AB (publ) had a return on equity of 16.91% and a net margin of 10.88%. The business had revenue of $1.24 billion for the quarter. Analysts predict that Alfa Laval AB will post 1.36 earnings per share for the current fiscal year.
Alfa Laval AB (publ) Company Profile
Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations & Other. It offers fluid handling systems, such as automation and fluid control equipment; installation materials; analytical, cleaning validation, flow, level, pressure, temperature, and weighing instruments, as well as instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.
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