Metso Outotec Oyj (OTCMKTS:OUKPY) Given New €10.60 Price Target at Morgan Stanley

Metso Outotec Oyj (OTCMKTS:OUKPYGet Rating) had its price objective decreased by equities research analysts at Morgan Stanley to €10.60 ($11.52) in a report released on Wednesday, The Fly reports.

OUKPY has been the topic of several other research reports. UBS Group cut their price target on Metso Outotec Oyj from €10.40 ($11.30) to €9.80 ($10.65) and set a “buy” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. cut their target price on Metso Outotec Oyj from €12.20 ($13.26) to €10.80 ($11.74) in a research note on Friday, April 1st. Finally, Credit Suisse Group lowered Metso Outotec Oyj from an “outperform” rating to a “neutral” rating in a research report on Wednesday, January 19th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat, Metso Outotec Oyj currently has an average rating of “Buy” and a consensus target price of $10.55.

Shares of OTCMKTS OUKPY traded down $0.08 on Wednesday, reaching $3.87. 3,002 shares of the company’s stock traded hands, compared to its average volume of 14,040. The business’s 50 day simple moving average is $4.40 and its two-hundred day simple moving average is $4.90. Metso Outotec Oyj has a 12 month low of $3.44 and a 12 month high of $6.44.

Metso Outotec Oyj Company Profile (Get Rating)

Metso Outotec Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Africa, the Middle East, and India. The company operates in three segments: Aggregates, Minerals, and Metals.

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