Alfa Laval Corporate (OTCMKTS:ALFVY) Raised to "Hold" at UBS Group

UBS Group upgraded shares of Alfa Laval Corporate (OTCMKTS:ALFVY - Free Report) from a strong sell rating to a hold rating in a research report sent to investors on Wednesday, April 9th,Zacks.com reports.

ALFVY has been the subject of a number of other research reports. The Goldman Sachs Group raised shares of Alfa Laval Corporate from a "strong sell" rating to a "hold" rating in a research note on Wednesday, March 26th. Royal Bank of Canada raised shares of Alfa Laval Corporate from a "hold" rating to a "moderate buy" rating in a research note on Wednesday, December 18th.

Alfa Laval Corporate Trading Up 0.7 %

Shares of OTCMKTS:ALFVY traded up $0.27 during trading on Wednesday, reaching $40.25. The stock had a trading volume of 21,248 shares, compared to its average volume of 35,219. Alfa Laval Corporate has a fifty-two week low of $36.86 and a fifty-two week high of $48.46. The business has a fifty day moving average price of $43.04 and a 200-day moving average price of $43.54. The stock has a market cap of $16.64 billion, a P/E ratio of 23.82, a PEG ratio of 2.08 and a beta of 1.34. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22.

Alfa Laval Corporate (OTCMKTS:ALFVY - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported $0.46 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. As a group, analysts anticipate that Alfa Laval Corporate will post 1.85 earnings per share for the current fiscal year.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.