Epiroc AB (publ) (OTCMKTS:EPOKY) Given Average Rating of “Hold” by Brokerages

Shares of Epiroc AB (publ) (OTCMKTS:EPOKYGet Rating) have received a consensus recommendation of “Hold” from the thirteen brokerages that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell recommendation, four have assigned a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $198.50.

Several research firms have recently issued reports on EPOKY. UBS Group downgraded shares of Epiroc AB (publ) from a “neutral” rating to a “sell” rating in a report on Tuesday, May 31st. Societe Generale downgraded shares of Epiroc AB (publ) from a “hold” rating to a “sell” rating in a report on Tuesday, July 12th. Sanford C. Bernstein downgraded shares of Epiroc AB (publ) from a “market perform” rating to an “underperform” rating in a report on Monday, July 11th. Citigroup downgraded shares of Epiroc AB (publ) from a “buy” rating to a “neutral” rating in a report on Friday, June 24th. Finally, Deutsche Bank Aktiengesellschaft cut their price target on shares of Epiroc AB (publ) from SEK 200 to SEK 165 in a report on Friday, July 15th.

Epiroc AB (publ) Stock Performance

EPOKY opened at $14.81 on Monday. Epiroc AB has a 52-week low of $14.39 and a 52-week high of $26.33. The company has a quick ratio of 1.38, a current ratio of 2.29 and a debt-to-equity ratio of 0.31. The company has a market cap of $17.98 billion and a P/E ratio of 21.16. The firm’s 50-day moving average price is $16.12 and its 200-day moving average price is $18.17.

Epiroc AB (publ) Company Profile

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Epiroc AB (publ), together with its subsidiaries, develops and produces equipment for use in surface and underground applications in Sweden. It operates through Equipment & Service and Tools & Attachments segments. The Equipment & Service segment provides equipment and solutions for rock drilling, mechanical rock excavation, rock reinforcement, loading and haulage, exploration drilling, and ventilation systems, as well as drilling equipment for water and energy; and related spare parts, services, and solutions.

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Analyst Recommendations for Epiroc AB (publ) (OTCMKTS:EPOKY)

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