Alfa Laval AB (publ) (OTCMKTS:ALFVY) Given Average Recommendation of “Hold” by Brokerages

Shares of Alfa Laval AB (publ) (OTCMKTS:ALFVY – Get Rating) have earned an average rating of “Hold” from the nine brokerages that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $343.67.

A number of equities research analysts have recently commented on ALFVY shares. Exane BNP Paribas started coverage on shares of Alfa Laval AB (publ) in a research note on Friday, February 18th. They set an “outperform” rating and a SEK 350 price objective on the stock. Zacks Investment Research raised shares of Alfa Laval AB (publ) from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 5th. Morgan Stanley cut shares of Alfa Laval AB (publ) from an “equal weight” rating to an “underweight” rating in a research note on Monday, January 17th. Credit Suisse Group cut shares of Alfa Laval AB (publ) from a “neutral” rating to an “underperform” rating in a research note on Wednesday, April 13th. Finally, Barclays decreased their target price on Alfa Laval AB (publ) from SEK 382 to SEK 350 and set an “equal weight” rating on the stock in a research report on Monday, April 4th.

Shares of OTCMKTS ALFVY opened at $25.32 on Tuesday. The stock has a market capitalization of $10.62 billion, a price-to-earnings ratio of 19.04, a PEG ratio of 2.02 and a beta of 1.43. Alfa Laval AB has a 12 month low of $24.34 and a 12 month high of $44.34. The firm’s 50 day simple moving average is $31.20 and its 200-day simple moving average is $35.08. The company has a debt-to-equity ratio of 0.09, a current ratio of 1.12 and a quick ratio of 0.67.

The firm also recently announced a dividend, which will be paid on Wednesday, May 18th. Stockholders of record on Thursday, April 28th will be given a dividend of $0.5024 per share. The ex-dividend date of this dividend is Wednesday, April 27th. This represents a dividend yield of 1.53%. Alfa Laval AB (publ)’s dividend payout ratio (DPR) is 34.59%.

About Alfa Laval AB (publ) (Get Rating)

Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in three divisions: Energy, Food & Water, and Marine. It offers fluid handling systems, such as automation solutions; installation materials; cleaning validation instruments and instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.

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