ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Tuesday.

According to Zacks, “Assa Abloy AB offers locks and security products. Its product offer include mechanical locks such as door locks and cylinder locks and security doors, electromechanical locks, electronic locks, door closers, door automatics, access control systems. Assa Abloy also provides secure identity solutions, contactless identification technology solutions, electronic lock systems and safes for hotels and cruise ships. The Company primarily sells in Europe and in North America. Assa Abloy AB is based in Stockholm, Sweden. “

Separately, Imperial Capital lifted their price objective on shares of ASSA ABLOY UNSP ADR EA REP 0.5 from $10.50 to $11.50 and gave the stock an “in-line” rating in a research note on Wednesday, July 20th.

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ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) traded down 0.30% during midday trading on Tuesday, hitting $10.06. 181,688 shares of the stock traded hands. The company has a 50-day moving average price of $10.60 and a 200-day moving average price of $10.19. The firm has a market cap of $22.35 billion and a P/E ratio of 24.30. ASSA ABLOY UNSP ADR EA REP 0.5 has a 1-year low of $8.71 and a 1-year high of $11.23.

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