Atlas Copco AB (OTCMKTS:ATLKY) Given Average Rating of “Hold” by Analysts

Atlas Copco AB (OTCMKTS:ATLKYGet Rating) has been given an average recommendation of “Hold” by the fourteen ratings firms that are currently covering the stock, Marketbeat reports. Ten research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $139.67.

Several analysts have recently commented on the company. Kepler Capital Markets raised Atlas Copco from a “hold” rating to a “buy” rating and set a $153.75 price target for the company in a report on Wednesday, January 26th. JPMorgan Chase & Co. decreased their target price on shares of Atlas Copco from SEK 166.25 to SEK 158.75 in a research report on Friday, April 1st. Morgan Stanley lowered their price target 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. Jefferies Financial Group raised shares of Atlas Copco from an “underperform” rating to a “hold” rating and set a $130.00 price objective on the stock in a report on Wednesday, March 16th. Finally, Pareto Securities raised shares of Atlas Copco from a “hold” rating to a “buy” rating in a report on Wednesday, January 26th.

OTCMKTS ATLKY opened at $42.61 on Friday. Atlas Copco has a one year low of $41.49 and a one year high of $71.47. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.23 and a current ratio of 1.67. The firm’s fifty day moving average is $12.96 and its two-hundred day moving average is $14.57. The firm has a market cap of $51.89 billion, a PE ratio of 23.80, a P/E/G ratio of 3.52 and a beta of 1.09.

Atlas Copco Company Profile (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.

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Analyst Recommendations for Atlas Copco (OTCMKTS:ATLKY)

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