AB Electrolux (publ) (OTCMKTS:ELUXY)‘s stock had its “equal weight” rating reissued by equities researchers at Morgan Stanley in a report released on Friday, The Fly reports.
ELUXY has been the subject of several other research reports. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of AB Electrolux (publ) in a research report on Wednesday, July 21st. Cheuvreux cut shares of AB Electrolux (publ) from a “hold” rating to a “reduce” rating in a research report on Wednesday, July 21st. Zacks Investment Research cut shares of AB Electrolux (publ) from a “hold” rating to a “strong sell” rating in a research report on Tuesday, August 24th. Finally, Pareto Securities raised shares of AB Electrolux (publ) from a “hold” rating to a “buy” rating in a research report on Wednesday, July 21st. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, AB Electrolux (publ) currently has a consensus rating of “Hold” and a consensus price target of $59.53.
OTCMKTS:ELUXY traded down $0.02 during mid-day trading on Friday, hitting $47.81. 11,714 shares of the stock traded hands, compared to its average volume of 8,522. The stock has a market capitalization of $7.38 billion, a price-to-earnings ratio of 8.29, a PEG ratio of 1.61 and a beta of 1.26. AB Electrolux has a 52 week low of $42.62 and a 52 week high of $60.87. The firm’s 50 day moving average is $51.79 and its two-hundred day moving average is $54.72. The company has a quick ratio of 0.69, a current ratio of 0.99 and a debt-to-equity ratio of 0.47.
About AB Electrolux (publ)
Electrolux AB engages in the manufacturing of home and professional appliances. It operates through the following business segments: Europe; North America; Latin America; Asia-Pacific, Middle East and Africa. The company was founded by Axel Wenner-Gren on August 1, 1919 and is headquartered in Stockholm, Sweden.
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