Zacks: Electrolux AB (ELUXY) Given Consensus Recommendation of “Hold” by Analysts
Electrolux AB (NASDAQ:ELUXY) has been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.
Analysts have set a 12-month consensus price target of $55.49 for the company, according to Zacks. Zacks has also given Electrolux AB an industry rank of 248 out of 265 based on the ratings given to its competitors.
Several analysts have issued reports on the stock. Royal Bank Of Canada lowered shares of Electrolux AB from an “outperform” rating to a “sector perform” rating in a research report on Thursday, July 21st. Goldman Sachs Group Inc. upgraded shares of Electrolux AB from a “neutral” rating to a “buy” rating in a report on Thursday, October 6th. Morgan Stanley downgraded shares of Electrolux AB from an “overweight” rating to an “equal weight” rating in a report on Thursday, July 21st. Zacks Investment Research upgraded shares of Electrolux AB from a “sell” rating to a “hold” rating in a report on Tuesday, September 13th. Finally, RBC Capital Markets downgraded shares of Electrolux AB from an “outperform” rating to a “sector perform” rating in a report on Thursday, July 21st.
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Shares of Electrolux AB (NASDAQ:ELUXY) remained flat at $49.32 during trading on Thursday. 39 shares of the stock were exchanged. The firm has a market cap of $7.09 billion and a PE ratio of 23.97. The company’s 50 day moving average price is $49.94 and its 200-day moving average price is $52.73. Electrolux AB has a 12 month low of $41.22 and a 12 month high of $62.54.
About Electrolux AB
AB Electrolux is engaged in producing household appliances and appliances for professional use. The Company offers various products, which include refrigerators, dishwashers, washing machines, cookers, air-conditioners and small appliances, such as vacuum cleaners. Its brands include Electrolux, AEG, Zanussi and Frigidaire.
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