Alfa Laval Corporate AB (OTCMKTS:ALFVY) Receives Average Recommendation of “Hold” from Brokerages

Alfa Laval Corporate AB (OTCMKTS:ALFVY – Get Rating) has been given a consensus rating of “Hold” by the nine analysts that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $291.17.

A number of research firms have weighed in on ALFVY. JPMorgan Chase & Co. cut their price objective on shares of Alfa Laval Corporate from SEK 270 to SEK 265 in a report on Friday, December 9th. Credit Suisse Group boosted their price objective on shares of Alfa Laval Corporate from SEK 265 to SEK 275 and gave the stock an “underperform” rating in a research report on Thursday, December 8th. Nordea Equity Research lowered shares of Alfa Laval Corporate from a “buy” rating to a “hold” rating in a research report on Tuesday, January 24th. DNB Markets downgraded shares of Alfa Laval Corporate from a “buy” rating to a “hold” rating in a research note on Friday, February 3rd. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Alfa Laval Corporate in a report on Thursday, December 8th. They issued a “hold” rating for the company.

Alfa Laval Corporate Price Performance

Shares of OTCMKTS ALFVY opened at $32.01 on Monday. The firm has a 50-day simple moving average of $32.09 and a 200-day simple moving average of $28.63. The stock has a market capitalization of $13.25 billion, a price-to-earnings ratio of 27.59, a price-to-earnings-growth ratio of 2.50 and a beta of 1.38. The company has a quick ratio of 0.79, a current ratio of 1.33 and a debt-to-equity ratio of 0.38. Alfa Laval Corporate has a 52 week low of $22.73 and a 52 week high of $35.24.

Alfa Laval Corporate (OTCMKTS:ALFVY – Get Rating) last released its quarterly earnings data on Thursday, February 2nd. The company reported $0.28 earnings per share (EPS) for the quarter. The firm had revenue of $1.54 billion during the quarter. Alfa Laval Corporate had a net margin of 8.66% and a return on equity of 14.08%. On average, equities analysts predict that Alfa Laval Corporate will post 1.43 earnings per share for the current fiscal year.

About Alfa Laval Corporate

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Alfa Laval AB engages on energy optimization, environmental protection and food production. It operates through the following business segments: Energy, Food & Water, Marine, and Operations & Other. The Energy segment comprises of brazed and fusion bonded heat exchangers, energy separation, gasketed plate heat exchangers, and welded heat exchangers.