Pohjola Bank Upgrades Metso to Buy (VLM)
Metso (EU:VLM) was upgraded by research analysts at Pohjola Bank to a “buy” rating in a report released on Tuesday, Analyst Ratings Network reports. The firm currently has a €35.00 ($48.61) target price on the stock, up from their previous target price of €33.00 ($45.83).
A number of other analysts have also recently weighed in on VLM. Analysts at Morgan Stanley cut their price target on shares of Metso from €31.00 ($43.06) to €29.00 ($40.28) in a research note to investors on Tuesday, October 22nd. Separately, analysts at Berenberg Bank cut their price target on shares of Metso from €38.00 ($52.78) to €37.00 ($51.39) in a research note to investors on Monday, October 21st. They now have a “buy” rating on the stock. Finally, analysts at Goldman Sachs Group Inc. downgraded shares of Metso from a “neutral” rating to a “sell” rating in a research note to investors on Friday, October 11th. Two analysts have rated the stock with a sell rating and two have issued a buy rating to the company. Metso presently has an average rating of “Hold” and a consensus price target of €30.95 ($42.99).
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