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

Shares of Alfa Laval Corporate AB (OTCMKTS:ALFVYGet Rating) have been assigned an average recommendation of “Hold” from the eight analysts that are currently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and three have assigned 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 $330.20.

Several research firms recently weighed in on ALFVY. Royal Bank of Canada raised their target price on shares of Alfa Laval Corporate from SEK 340 to SEK 350 in a research note on Thursday, July 21st. Morgan Stanley cut their price objective on Alfa Laval Corporate from SEK 278 to SEK 270 in a research report on Thursday, June 30th. Finally, DNB Markets upgraded Alfa Laval Corporate from a “hold” rating to a “buy” rating in a research report on Wednesday, June 15th.

Alfa Laval Corporate Price Performance

Shares of Alfa Laval Corporate stock opened at $25.50 on Monday. The company has a market capitalization of $10.55 billion, a price-to-earnings ratio of 19.03, a PEG ratio of 2.21 and a beta of 1.50. The company has a quick ratio of 0.81, a current ratio of 1.40 and a debt-to-equity ratio of 0.30. The stock’s 50-day simple moving average is $27.58 and its 200-day simple moving average is $28.29. Alfa Laval Corporate has a 52 week low of $23.44 and a 52 week high of $44.34.

Alfa Laval Corporate (OTCMKTS:ALFVYGet Rating) last posted its quarterly earnings results on Wednesday, July 20th. The company reported $0.28 earnings per share for the quarter. The business had revenue of $1.21 billion during the quarter. Alfa Laval Corporate had a return on equity of 15.58% and a net margin of 10.57%. As a group, analysts expect that Alfa Laval Corporate will post 1.23 earnings per share for the current fiscal year.

About Alfa Laval Corporate

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Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in three divisions: Energy, Food & Water, and Marine. It offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.

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Analyst Recommendations for Alfa Laval Corporate (OTCMKTS:ALFVY)

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