Metso Corp. (OTCMKTS:MXCYY)‘s stock had its “neutral” rating reissued by investment analysts at Credit Suisse Group AG in a research report issued to clients and investors on Tuesday.

A number of other research firms have also recently weighed in on MXCYY. Zacks Investment Research raised Metso Corp. from a “hold” rating to a “buy” rating and set a $7.25 price target for the company in a report on Wednesday, July 13th. Barclays PLC raised Metso Corp. from an “underweight” rating to an “equal weight” rating in a report on Friday, July 22nd.

Shares of Metso Corp. (OTCMKTS:MXCYY) remained flat at $7.03 during midday trading on Tuesday. 4 shares of the company traded hands. The company’s 50-day moving average price is $7.09 and its 200-day moving average price is $6.28. Metso Corp. has a 52-week low of $4.76 and a 52-week high of $7.38. The stock has a market capitalization of $4.22 billion, a price-to-earnings ratio of 22.92 and a beta of 2.12.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/20/metso-corp-mxcyy-cut-to-neutral-at-credit-suisse-group-ag.html

Metso Corp. Company Profile

Metso Oyj is a global supplier of sustainable technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

Receive News & Ratings for Metso Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metso Corp. and related companies with MarketBeat.com's FREE daily email newsletter.