AB SKF (OTCMKTS:SKFRY) Receives Average Rating of “Hold” from Analysts
Shares of AB SKF (OTCMKTS:SKFRY) have been assigned an average rating of “Hold” from the seven research firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $25.00.
Several research firms have recently weighed in on SKFRY. ValuEngine raised AB SKF from a “hold” rating to a “buy” rating in a research report on Saturday, June 3rd. Zacks Investment Research raised AB SKF from a “sell” rating to a “buy” rating and set a $25.00 price objective for the company in a research report on Tuesday, May 2nd.
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Shares of AB SKF (OTCMKTS:SKFRY) opened at 19.96 on Tuesday. The company has a market cap of $9.09 billion, a price-to-earnings ratio of 15.59 and a beta of 0.31. The company has a 50 day moving average of $20.60 and a 200-day moving average of $20.20. AB SKF has a 52 week low of $15.34 and a 52 week high of $22.30.
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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