FLSmidth & Co. A/S (OTCMKTS:FLIDY) Upgraded at Barclays

Barclays upgraded shares of FLSmidth & Co. A/S (OTCMKTS:FLIDY) from a strong sell rating to a hold rating in a research note released on Tuesday,Zacks.com reports.

Separately, UBS Group upgraded shares of FLSmidth & Co. A/S to a “hold” rating in a research report on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

FLSmidth & Co. A/S Stock Performance

Shares of FLSmidth & Co. A/S stock opened at $7.65 on Tuesday. The business has a fifty day simple moving average of $8.49 and a 200-day simple moving average of $7.65. FLSmidth & Co. A/S has a fifty-two week low of $6.07 and a fifty-two week high of $9.20.

FLSmidth & Co. A/S (OTCMKTS:FLIDY) last released its earnings results on Wednesday, February 18th. The company reported ($0.04) earnings per share (EPS) for the quarter. The company had revenue of $634.87 million during the quarter.

FLSmidth & Co. A/S Company Profile

FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.

FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.