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Shares of Alfa Laval Corporate AB (OTCMKTS:ALFVY – Get Rating) have earned a consensus recommendation of “Hold” from the ten ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $299.57.
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ALFVY has been the subject of a number of analyst reports. JPMorgan Chase & Co. lowered their price target on Alfa Laval Corporate from SEK 270 to SEK 265 in a research report on Friday, December 9th. Credit Suisse Group upped their price objective on Alfa Laval Corporate from SEK 265 to SEK 275 and gave the company an “underperform” rating in a research note on Thursday, December 8th. Nordea Equity Research downgraded Alfa Laval Corporate from a “buy” rating to a “hold” rating in a research note on Tuesday, January 24th. Morgan Stanley upped their price objective on Alfa Laval Corporate from SEK 234 to SEK 241 and gave the company an “underweight” rating in a research note on Wednesday, October 26th. Finally, DNB Markets downgraded Alfa Laval Corporate from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd.
Alfa Laval Corporate Price Performance
Shares of OTCMKTS:ALFVY opened at $33.98 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.33 and a debt-to-equity ratio of 0.38. Alfa Laval Corporate has a twelve month low of $22.73 and a twelve month high of $35.24. The stock’s 50 day moving average is $30.78 and its 200-day moving average is $28.13. The firm has a market capitalization of $14.06 billion, a price-to-earnings ratio of 29.29, a PEG ratio of 2.51 and a beta of 1.39.
Alfa Laval Corporate (OTCMKTS:ALFVY – Get Rating) last released its quarterly earnings results on Thursday, February 2nd. The company reported $0.28 EPS for the quarter. The business had revenue of $1.54 billion during the quarter. Alfa Laval Corporate had a return on equity of 14.08% and a net margin of 8.66%. Sell-side analysts forecast that Alfa Laval Corporate will post 1.43 EPS for the current fiscal year.
About Alfa Laval Corporate
Alfa Laval AB engages on energy optimization, environmental protection and food production. It operates through the following business segments: Energy, Food & Water, Marine, and Operations & Other. The Energy segment is comprised of brazed and fusion bonded heat exchangers, energy separation, gasketed plate heat exchangers and welded heat exchangers.
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Source: marketbeat.com
