A number of other research analysts have also weighed in on the company. Barclays cut their price objective on KONE Oyj from €57.00 ($59.38) to €53.00 ($55.21) in a research report on Tuesday, April 5th. Danske upgraded KONE Oyj from a “sell” rating to a “hold” rating in a research report on Friday, April 8th. Zacks Investment Research lowered KONE Oyj from a “hold” rating to a “sell” rating in a research report on Friday, March 18th. JPMorgan Chase & Co. cut their price objective on KONE Oyj from €73.00 ($76.04) to €70.00 ($72.92) in a research report on Tuesday, March 29th. Finally, Morgan Stanley lowered their price target on shares of KONE Oyj from €56.00 ($58.33) to €54.00 ($56.25) and set an “equal weight” rating for the company in a report on Friday, April 29th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $54.60.
Shares of KNYJY stock opened at $22.77 on Thursday. The stock has a fifty day simple moving average of $25.22 and a two-hundred day simple moving average of $30.31. The company has a current ratio of 1.22, a quick ratio of 1.10 and a debt-to-equity ratio of 0.14. KONE Oyj has a 52-week low of $22.01 and a 52-week high of $42.55.
KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, and automatic building doors. The company also provides maintenance services; modernization solutions; and various residential solutions. In addition, it offers KONE Office Flow, a connected solution that allows for personalized user experiences and touch-free access; health and well-being solutions for elevators, escalators, and doors; KONE Residential Flow, a smarter building solution for the movement of people, goods, and information; KONE Access, an access control system, which is integrated with elevator system and building doors; KONE Destination, a destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.
- Get a free copy of the StockNews.com research report on KONE Oyj (KNYJY)
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