Andritz AG (OTCMKTS:ADRZY) Given Consensus Rating of “Buy” by Brokerages

Andritz AG (OTCMKTS:ADRZYGet Rating) has been assigned an average recommendation of “Buy” from the six research firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $56.00.

A number of analysts have issued reports on the company. Morgan Stanley raised Andritz from an “equal weight” rating to an “overweight” rating in a report on Monday, January 17th. Kepler Capital Markets raised Andritz from a “hold” rating to a “buy” rating in a report on Thursday, January 6th. JPMorgan Chase & Co. reduced their price objective on Andritz from €60.00 ($65.22) to €56.00 ($60.87) in a research report on Monday, April 11th. Finally, Zacks Investment Research downgraded Andritz from a “hold” rating to a “sell” rating in a research report on Friday, January 14th.

ADRZY opened at $8.43 on Friday. The stock’s 50 day moving average price is $9.36 and its two-hundred day moving average price is $10.06. The company has a quick ratio of 1.00, a current ratio of 1.22 and a debt-to-equity ratio of 0.80. Andritz has a 12-month low of $7.84 and a 12-month high of $12.43.

The company also recently disclosed a dividend, which will be paid on Thursday, April 28th. Shareholders of record on Tuesday, April 12th will be given a $0.2328 dividend. The ex-dividend date of this dividend is Monday, April 11th. This represents a dividend yield of 2.5%. Andritz’s dividend payout ratio is currently 33.33%.

Andritz Company Profile (Get Rating)

Andritz AG provides plants, equipment, and services for pulp and paper industry, metalworking and steel industries, hydropower stations, and solid/liquid separation in the municipal and industrial sectors. It operates through four segments: Pulp & Paper, Metals, Hydro, and Separation. The Pulp & Paper segment supplies technology, automation, and service solutions to produce pulp, paper, board, and tissue; boilers for power generation; flue gas cleaning systems; plants to produce nonwovens and panelboards; and recycling and shredding solutions for various waste materials.

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Analyst Recommendations for Andritz (OTCMKTS:ADRZY)

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