AB SKF (SKFRY) Receives Average Recommendation of “Hold” from Analysts
AB SKF (OTCMKTS:SKFRY) has earned a consensus recommendation of “Hold” from the seven brokerages that are presently covering the company, MarketBeat.com reports. Two analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price target among analysts that have covered the stock in the last year is $24.00.
Separately, Zacks Investment Research upgraded AB SKF from a “hold” rating to a “buy” rating and set a $22.00 price objective on the stock in a research note on Saturday, August 26th.
Shares of AB SKF (OTCMKTS:SKFRY) opened at $22.33 on Thursday. The company has a debt-to-equity ratio of 0.66, a current ratio of 2.26 and a quick ratio of 1.36. The stock has a market capitalization of $10,104.22, a P/E ratio of 19.30, a price-to-earnings-growth ratio of 1.15 and a beta of 0.37. AB SKF has a 52 week low of $16.49 and a 52 week high of $23.25.
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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