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 research 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 increased their price target 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 report on Wednesday, July 20th.

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ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) traded down 0.30% during mid-day trading on Tuesday, hitting $10.06. 181,688 shares of the stock were exchanged. ASSA ABLOY UNSP ADR EA REP 0.5 has a 52 week low of $8.71 and a 52 week high of $11.23. The company has a 50-day moving average of $10.60 and a 200-day moving average of $10.19. The stock has a market capitalization of $22.35 billion and a PE ratio of 24.30.

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