AB SKF (SKFRY) Receives Consensus Recommendation of “Hold” from Analysts
Shares of AB SKF (OTCMKTS:SKFRY) have earned a consensus rating of “Hold” from the eight analysts that are currently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $25.00.
Several research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of AB SKF from a “sell” rating to a “hold” rating in a report on Wednesday, March 15th. ValuEngine raised shares of AB SKF from a “hold” rating to a “buy” rating in a report on Saturday, June 3rd.
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AB SKF (OTCMKTS SKFRY) opened at 21.06 on Monday. The firm’s 50-day moving average price is $20.97 and its 200-day moving average price is $19.62. AB SKF has a 1-year low of $14.88 and a 1-year high of $22.30. The company has a market cap of $9.59 billion, a price-to-earnings ratio of 19.48 and a beta of 0.30.
AB SKF Company Profile
AB SKF is a supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company’s services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company’s segments include Industrial and Automotive.
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