Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) Given Consensus Recommendation of “Hold” by Brokerages

Kone Oyj Unsponsored ADR (OTCMKTS:KNYJY) has been assigned an average recommendation of “Hold” from the six analysts that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and one has assigned a strong buy recommendation to the company.

Several equities research analysts have recently issued reports on KNYJY shares. Sanford C. Bernstein upgraded Kone Oyj to a “strong-buy” rating in a report on Friday, December 5th. Royal Bank Of Canada upgraded Kone Oyj from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 13th. Barclays reiterated an “underweight” rating on shares of Kone Oyj in a research report on Wednesday, December 3rd. BNP Paribas Exane upgraded Kone Oyj to a “strong sell” rating in a report on Tuesday, March 3rd. Finally, Citigroup downgraded shares of Kone Oyj from a “buy” rating to a “neutral” rating in a research note on Monday, January 26th.

Kone Oyj Stock Performance

Shares of KNYJY opened at $31.51 on Monday. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.92 and a current ratio of 1.08. The company has a market capitalization of $28.56 billion, a price-to-earnings ratio of 29.44, a PEG ratio of 1.70 and a beta of 0.64. The company’s 50 day simple moving average is $35.10 and its 200 day simple moving average is $34.48. Kone Oyj has a 1 year low of $25.42 and a 1 year high of $38.29.

Kone Oyj (OTCMKTS:KNYJY) last released its earnings results on Friday, February 6th. The company reported $0.30 EPS for the quarter. The firm had revenue of $3.45 billion during the quarter. Kone Oyj had a net margin of 8.76% and a return on equity of 40.59%. On average, sell-side analysts predict that Kone Oyj will post 1.06 EPS for the current year.

About Kone Oyj

Kone Oyj is a Finland-based company that designs, manufactures and services elevators, escalators and automatic building doors. Founded in 1910 and headquartered in Espoo, Kone has grown into a global provider of people-flow solutions, supplying new equipment as well as modernization and maintenance services for a wide range of buildings, including residential, commercial, healthcare, retail and transportation facilities.

The company’s core activities include the engineering and installation of elevator and escalator systems, ongoing maintenance programs to ensure safety and uptime, and modernization of aging equipment to improve performance and energy efficiency.