AB SKF (publ) (OTCMKTS:SKFRY) Receives Consensus Rating of "Hold" from Analysts - MarketBeat

2022-09-24 11:19:43 By : Mr. Kent Wong

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

Shares of AB SKF (publ) (OTCMKTS:SKFRY - Get Rating) have been given a consensus recommendation of "Hold" by the eleven research firms that are presently covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $205.13.

A number of research analysts have recently issued reports on the stock. Morgan Stanley cut their target price on shares of AB SKF (publ) from SEK 215 to SEK 196 in a research note on Friday, July 22nd. Barclays dropped their price objective on shares of AB SKF (publ) from SEK 145 to SEK 130 and set an "underweight" rating for the company in a research report on Friday, July 1st. Finally, Credit Suisse Group dropped their price objective on shares of AB SKF (publ) from SEK 160 to SEK 150 and set an "underperform" rating for the company in a research report on Thursday, July 21st.AB SKF (publ) Stock Performance

OTCMKTS:SKFRY opened at $13.41 on Thursday. AB SKF has a 1 year low of $13.39 and a 1 year high of $26.20. The firm has a 50 day moving average of $15.39 and a 200-day moving average of $16.20. The company has a current ratio of 2.04, a quick ratio of 1.13 and a debt-to-equity ratio of 0.32. The stock has a market capitalization of $5.71 billion, a P/E ratio of 9.25, a price-to-earnings-growth ratio of 2.39 and a beta of 1.33.

AB SKF (publ) (OTCMKTS:SKFRY - Get Rating) last posted its earnings results on Wednesday, July 20th. The industrial products company reported $0.30 earnings per share (EPS) for the quarter. AB SKF (publ) had a net margin of 6.88% and a return on equity of 14.26%. The company had revenue of $2.41 billion during the quarter. As a group, sell-side analysts anticipate that AB SKF will post 1.45 EPS for the current fiscal year. About AB SKF (publ) (Get Rating)

AB SKF (publ) engages in the design, development, and manufacture of bearings, seals, lubrication systems, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling bearings, mounted bearings and housings, super-precision bearings, slewing bearings, plain bearings, magnetic bearings and systems, industrial and automotive seals, lubrication management solutions, maintenance products, condition monitoring systems, power transmission solutions, test and measuring equipment, vehicle aftermarket, and waste electric and electronic equipment products.Featured ArticlesGet a free copy of the StockNews.com research report on AB SKF (publ) (SKFRY)The Worst May be Over for Target, But is the Stock Safe to Buy?Are These Liquid Natural Gas Stocks Ready For An Upside Bounce?Two Fun Stocks The Insiders Are Buying Novavax Remains a Risk-On Stock in a Risk-Off Market3 Defensive Stocks With 60-Year Dividend Hike Streaks

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

Before you consider AB SKF (publ), you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AB SKF (publ) wasn't on the list.

While AB SKF (publ) currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Complete the form below to receive the latest headlines and analysts' recommendations for your stocks with our free daily email newsletter:

ETF portfolio manager, Dave Gilreath offers a perspective on “dividend achievers” and why these deserve a role in your portfolio

Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools:

View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.

Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.

Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

Twitter Facebook StockTwits Financial Juice YouTube

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved. 326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257 MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.