Alfa Laval (OTCMKTS:ALFVY) Upgraded to “Strong-Buy” at Zacks Research

Zacks Research upgraded shares of Alfa Laval (OTCMKTS:ALFVY) from a hold rating to a strong-buy rating in a report issued on Monday morning,Zacks.com reports.

ALFVY has been the topic of a number of other reports. Barclays reiterated an “overweight” rating on shares of Alfa Laval in a research report on Wednesday, December 3rd. Citigroup reaffirmed a “neutral” rating on shares of Alfa Laval in a research report on Monday, December 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Alfa Laval in a research note on Wednesday, October 29th. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a research report on Wednesday, October 29th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Alfa Laval Trading Up 0.1%

Alfa Laval stock opened at $50.46 on Monday. The company has a market cap of $20.86 billion, a P/E ratio of 25.36, a PEG ratio of 2.62 and a beta of 1.24. Alfa Laval has a 1 year low of $36.86 and a 1 year high of $50.82. The firm’s 50-day moving average is $48.20 and its 200-day moving average is $46.02. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.72 and a current ratio of 1.12.

About Alfa Laval

Alfa Laval is an industrial engineering company specializing in heat transfer, separation and fluid handling technologies. Its product portfolio includes plate and tubular heat exchangers, separators and decanter centrifuges, pumps, valves and complete process systems designed to control temperature, separate liquids and solids, and move fluids reliably through industrial processes. The company supplies both standardized components and engineered systems for integration into customer plants and vessels.

The company serves a broad set of end markets including energy and power, marine and offshore, food and beverage processing, water and wastewater treatment, chemical and pharmaceutical production, and pulp and paper.