Atlas Copco AB (OTCMKTS:ATLKY) Given Average Rating of “Hold” by Brokerages

Atlas Copco AB (OTCMKTS:ATLKY) has received a consensus recommendation of “Hold” from the six analysts that are covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company.

Several analysts have recently commented on ATLKY shares. Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of Atlas Copco in a research note on Monday, October 27th. BNP Paribas upgraded shares of Atlas Copco from a “hold” rating to an “outperform” rating in a research report on Thursday, September 4th. UBS Group cut Atlas Copco to a “sell” rating in a research report on Tuesday, October 28th. Citigroup reissued a “buy” rating on shares of Atlas Copco in a report on Tuesday, October 28th. Finally, Barclays upgraded Atlas Copco from a “hold” rating to an “overweight” rating in a research note on Wednesday, December 3rd.

Atlas Copco Stock Down 0.9%

ATLKY opened at $17.84 on Wednesday. Atlas Copco has a 52 week low of $13.41 and a 52 week high of $18.48. The business has a 50 day moving average price of $17.18 and a two-hundred day moving average price of $16.51. The company has a quick ratio of 1.09, a current ratio of 1.52 and a debt-to-equity ratio of 0.27. The company has a market cap of $86.97 billion, a PE ratio of 31.86, a P/E/G ratio of 9.05 and a beta of 1.40.

Atlas Copco (OTCMKTS:ATLKY) last announced its earnings results on Thursday, October 23rd. The industrial products company reported $0.14 earnings per share for the quarter, meeting the consensus estimate of $0.14. Atlas Copco had a return on equity of 25.42% and a net margin of 16.08%.The company had revenue of $4.43 billion for the quarter, compared to the consensus estimate of $4.42 billion. As a group, research analysts anticipate that Atlas Copco will post 0.55 EPS for the current year.

About Atlas Copco

Atlas Copco AB provides compressed air and gas, vacuum, energy, dewatering and industrial pump, industrial power tool, and assembly and machine vision solutions in North America, South America, Europe, Africa, the Middle East, Asia, and Oceania. It operates through Compressor Technique, Vacuum Technique, Industrial Technique, and Power Technique segments.