Electrolux AB (ELUXY) Receives Average Rating of “Hold” from Brokerages
Shares of Electrolux AB (NASDAQ:ELUXY) have been assigned an average rating of “Hold” from the seven brokerages that are currently covering the company. One research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and one has issued a buy recommendation on the company.
A number of research analysts have issued reports on ELUXY shares. Zacks Investment Research raised shares of Electrolux AB from a “sell” rating to a “hold” rating in a report on Monday, April 3rd. JPMorgan Chase & Co. cut shares of Electrolux AB from a “neutral” rating to an “underweight” rating in a report on Thursday, February 2nd.
Shares of Electrolux AB (NASDAQ:ELUXY) opened at 62.24 on Tuesday. Electrolux AB has a 52 week low of $44.24 and a 52 week high of $63.80. The firm’s 50-day moving average is $59.01 and its 200-day moving average is $52.77. The stock has a market capitalization of $8.94 billion and a price-to-earnings ratio of 16.76.
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About Electrolux AB
AB Electrolux provides household appliances and appliances for professional use. The Company offers designs and sustainable solutions, under brands including Electrolux, AEG, Zanussi and Frigidaire. The Company’s segments include Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Small Appliances and Professional Products.
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