Atlas Copco AB (OTCMKTS:ATLKY) Receives Consensus Rating of "Hold" from Brokerages - MarketBeat

2022-09-23 22:45:08 By : Ms. Sibikon Xiamen

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Shares of Atlas Copco AB (OTCMKTS:ATLKY - Get Rating) have earned an average recommendation of "Hold" from the eleven research firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation and two have assigned a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $136.74.

A number of research analysts have issued reports on the stock. Sanford C. Bernstein lowered shares of Atlas Copco from a "market perform" rating to an "underperform" rating and set a $84.00 target price on the stock. in a research report on Monday, July 11th. Credit Suisse Group began coverage on shares of Atlas Copco in a research note on Friday, June 17th. They set a "hold" rating and a $141.10 price target for the company.Atlas Copco Trading Down 1.1 %

Shares of OTCMKTS:ATLKY opened at $10.05 on Friday. The stock has a market capitalization of $48.95 billion, a PE ratio of 22.09, a price-to-earnings-growth ratio of 3.43 and a beta of 1.26. The company's 50-day moving average price is $10.61 and its two-hundred day moving average price is $12.47. Atlas Copco has a one year low of $8.75 and a one year high of $17.87. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.29 and a quick ratio of 0.87.

Atlas Copco (OTCMKTS:ATLKY - Get Rating) last released its quarterly earnings data on Tuesday, July 19th. The industrial products company reported $0.12 earnings per share for the quarter, hitting the consensus estimate of $0.12. The company had revenue of $3.37 billion for the quarter, compared to analyst estimates of $3.24 billion. Atlas Copco had a net margin of 16.85% and a return on equity of 29.83%. On average, equities analysts forecast that Atlas Copco will post 0.44 EPS for the current fiscal year. Atlas Copco Company Profile (Get Rating)

Atlas Copco AB, together with its subsidiaries, provides productivity solutions. The company operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions primarily for use in the manufacturing and process industries.Featured ArticlesGet a free copy of the StockNews.com research report on Atlas Copco (ATLKY)No One Told These 3 Stocks It’s a Down WeekIs There a Cure for What is Ailing Teladoc Stock?Why Medical Products Maker Repligen May Be A Potential Buy At 10%, Is Arbor Realty Trust Dividend Worth It? Investors Should Tune Into RF Industries 

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