JPMorgan Chase & Co. Raises Epiroc AB (publ) (OTCMKTS:EPOKY) Price Target to SEK 205

Epiroc AB (publ) (OTCMKTS:EPOKY – Get Rating) had its price target increased by JPMorgan Chase & Co. from SEK 200 to SEK 205 in a note issued to investors on Tuesday, The Fly reports.

Several other analysts have also recently commented on the company. Barclays dropped their price target on Epiroc AB (publ) from SEK 236 to SEK 215 and set an “equal weight” rating for the company in a research report on Monday, April 4th. DNB Markets upgraded Epiroc AB (publ) from a “hold” rating to a “buy” rating in a research report on Monday, February 21st. Sanford C. Bernstein upgraded Epiroc AB (publ) from an “underperform” rating to a “market perform” rating in a research report on Monday, February 7th. Morgan Stanley boosted their price target on Epiroc AB (publ) from SEK 215 to SEK 221 in a research report on Thursday, January 27th. Finally, Societe Generale dropped their target price on Epiroc AB (publ) from SEK 218 to SEK 215 and set a “hold” rating for the company in a report on Tuesday. Ten research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Epiroc AB (publ) presently has an average rating of “Hold” and a consensus price target of $220.20.

Shares of EPOKY stock traded down $0.64 during trading hours on Tuesday, hitting $20.74. 74,569 shares of the company’s stock were exchanged, compared to its average volume of 125,648. Epiroc AB has a fifty-two week low of $17.51 and a fifty-two week high of $26.33. The firm has a 50 day moving average of $20.63 and a two-hundred day moving average of $22.78.

Epiroc AB (publ) Company Profile (Get Rating)

Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in Sweden. It operates through Equipment & Service and Tools & Attachments segments. The Equipment & Service segment provides equipment and solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, exploration drilling, and ventilation systems, as well as drilling equipment for water and energy; and related spare parts, services, and solutions.

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