Bradken Limited Receives “Hold” Rating from Deutsche Bank (BKN)
Bradken Limited (ASX:BKN)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a report released on Sunday, Analyst RN reports. They currently have a $6.00 price objective on the stock.
Shares of Bradken Limited (ASX:BKN) opened at 5.570 on Friday. Bradken Limited has a one year low of A$4.030 and a one year high of A$7.630. The stock has a 50-day moving average of A$5.62 and a 200-day moving average of A$5.5. The company has a market cap of A$942.7 million and a P/E ratio of 14.19.
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.
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