Zacks: Metso Oyj (MXCYY) Receives Average Recommendation of “Sell” from Brokerages
Metso Oyj (NASDAQ:MXCYY) has received a consensus broker rating score of 4.00 (Sell) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a sell rating.
Brokers have set a twelve-month consensus target price of $7.19 for the company, according to Zacks. Zacks has also given Metso Oyj an industry rank of 97 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research raised Metso Oyj from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a research report on Wednesday, April 12th.
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Shares of Metso Oyj (NASDAQ:MXCYY) opened at 7.76 on Thursday. The stock’s 50 day moving average price is $7.66 and its 200-day moving average price is $7.28. Metso Oyj has a 52 week low of $5.35 and a 52 week high of $8.00. The company has a market cap of $4.66 billion and a PE ratio of 33.63.
Metso Oyj (NASDAQ:MXCYY) last released its quarterly earnings results on Friday, February 3rd. The industrial products company reported $0.05 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.04. The business earned $729.54 million during the quarter. Analysts expect that Metso Oyj will post $0.30 EPS for the current year.
About Metso Oyj
Metso Oyj is a global supplier of 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.
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