Outokumpu Oyj (OUTKY) Receives Average Rating of “Hold” from Brokerages
Shares of Outokumpu Oyj (NASDAQ:OUTKY) have been assigned a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating. Outokumpu Oyj ‘s rating score has declined by 200% in the last 90 days as a result of a number of analysts’ ratings changes.
Zacks has also assigned Outokumpu Oyj an industry rank of 169 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research raised Outokumpu Oyj from a “sell” rating to a “buy” rating and set a $6.00 target price for the company in a report on Friday, May 5th.
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Shares of Outokumpu Oyj (NASDAQ:OUTKY) remained flat at $4.48 during midday trading on Monday. The firm’s 50 day moving average price is $4.16 and its 200 day moving average price is $4.51. The firm has a market cap of $3.69 billion and a PE ratio of 6.64. Outokumpu Oyj has a 52-week low of $2.85 and a 52-week high of $5.43.
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