Atlas Copco AB (OTCMKTS:ATLKY) Receives Average Rating of "Hold" from Analysts | MarketBeat

2022-07-29 22:05:32 By : Ms. vivian li

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Shares of Atlas Copco AB (OTCMKTS:ATLKY - Get Rating) have received a consensus recommendation of "Hold" from the twelve brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, seven have issued a hold recommendation and two have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $136.74.

A number of brokerages have commented on ATLKY. Credit Suisse Group initiated coverage on Atlas Copco in a report on Friday, June 17th. They set a "hold" rating and a $141.10 price objective on the stock. JPMorgan Chase & Co. dropped their price objective on Atlas Copco from SEK 166.25 to SEK 158.75 in a research note on Friday, April 1st. Morgan Stanley reduced their target price on shares of Atlas Copco from SEK 122.25 to SEK 116.50 and set an "equal weight" rating on the stock in a research note on Wednesday, April 27th. Barclays dropped their target price on shares of Atlas Copco from SEK 155 to SEK 140 and set an "equal weight" rating for the company in a research report on Monday, April 4th. Finally, Sanford C. Bernstein cut shares of Atlas Copco from a "market perform" rating to an "underperform" rating and set a $84.00 target price for the company. in a research report on Monday, July 11th.Atlas Copco Price Performance

Shares of ATLKY stock opened at $10.96 on Thursday. The stock has a 50 day moving average of $11.45 and a two-hundred day moving average of $13.39. The company has a current ratio of 1.69, a quick ratio of 1.25 and a debt-to-equity ratio of 0.28. Atlas Copco has a 12 month low of $8.75 and a 12 month high of $17.87. The company has a market capitalization of $53.38 billion, a P/E ratio of 24.09, a P/E/G ratio of 3.59 and a beta of 1.13.

Atlas Copco (OTCMKTS:ATLKY - Get Rating) last announced its quarterly earnings data on Tuesday, April 26th. The industrial products company reported $0.12 EPS for the quarter, topping analysts' consensus estimates of $0.11 by $0.01. Atlas Copco had a return on equity of 28.87% and a net margin of 16.85%. The company had revenue of $3.22 billion during the quarter, compared to the consensus estimate of $3.21 billion. As a group, equities analysts expect that Atlas Copco will post 0.45 EPS for the current year. About Atlas Copco (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.See AlsoGet a free copy of the StockNews.com research report on Atlas Copco (ATLKY)Can These Two Airline Stocks Overcome Gravity And Fly Higher? Shopify Stock Rallies Despite Quarterly LossTwo Automation Stocks The Institutions Are Buying Can Owens-Corning Insulate Your Portfolio?  Consumer Staple Kraft-Heinz Quietly Builds Momentum 

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