Tomra Systems ASA (OTCMKTS:TMRAY) Given New 450.00 Price Target at Morgan Stanley

Tomra Systems ASA (OTCMKTS:TMRAY – Get Rating) had its price target trimmed by Morgan Stanley from 470.00 to 450.00 in a report released on Tuesday morning, The Fly reports.

Separately, Pareto Securities raised shares of Tomra Systems ASA from a sell rating to a hold rating in a research report on Friday, February 4th.

TMRAY stock opened at $37.51 on Tuesday. Tomra Systems ASA has a one year low of $36.98 and a one year high of $72.08. The firm has a 50-day moving average of $48.72 and a two-hundred day moving average of $57.12.

Tomra Systems ASA (OTCMKTS:TMRAY – Get Rating) last posted its quarterly earnings data on Wednesday, February 23rd. The company reported $0.28 EPS for the quarter. The firm had revenue of $349.47 million for the quarter.

The business also recently declared a dividend, which will be paid on Thursday, May 19th. Stockholders of record on Monday, May 2nd will be given a $0.2635 dividend. This represents a dividend yield of 1.08%. The ex-dividend date of this dividend is Friday, April 29th.

Tomra Systems ASA Company Profile (Get Rating)

Tomra Systems ASA provides sensor-based solutions for optimal resource productivity worldwide. It operates through three divisions: Collection, Recycling Mining, and Food. The Collection division engages in the development, production, sale, and service of reverse vending machines and related data management systems.

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