Deutsche Bank Reiterates Hold Rating for Bradken Limited (BKN)
Bradken Limited (ASX:BKN)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Friday, AnalystRatingsNetwork.com reports. They currently have a $6.00 price objective on the stock.
Shares of Bradken Limited (ASX:BKN) traded down 0.68% on Friday, hitting A$5.880. 611,062 shares of the company’s stock traded hands. Bradken Limited has a 52-week low of A$4.030 and a 52-week high of A$7.630. The stock has a 50-day moving average of A$5.68 and a 200-day moving average of A$5.5. The company has a market cap of A$995.1 million and a price-to-earnings ratio of 15.14.
Bradken Limited is engaged in the supply and service of wear components for mining and earthmoving equipment; supply of equipment and consumables to the mineral processing, quarrying and power markets; supply of cast, machined and fabricated components and engineered steel castings to the energy, industrial and rail transport industries; manufacture and maintenance of freight rollingstock products, and supply of foundry consumables to the foundry and steelmaking industries.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.