AB SKF (OTCMKTS:SKFRY) Receives Consensus Rating of “Hold” from Analysts
Shares of AB SKF (OTCMKTS:SKFRY) have been assigned an average recommendation of “Hold” from the eight analysts that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $25.00.
Several research firms recently issued reports on SKFRY. Zacks Investment Research downgraded shares of AB SKF from a “hold” rating to a “sell” rating in a report on Tuesday, April 11th. ValuEngine raised shares of AB SKF from a “hold” rating to a “buy” rating in a report on Saturday, June 3rd.
AB SKF (OTCMKTS:SKFRY) opened at 20.36 on Friday. The firm has a market cap of $9.27 billion, a price-to-earnings ratio of 18.89 and a beta of 0.31. The firm has a 50-day moving average of $20.64 and a 200-day moving average of $19.84. AB SKF has a one year low of $14.88 and a one year high of $22.30.
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About AB SKF
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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