Metso Outotec Oyj (OTCMKTS:OUKPY) Given Average Rating of “Hold” by Brokerages

Metso Outotec Oyj (OTCMKTS:OUKPY – Get Rating) has earned a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $10.25.

A number of equities research analysts have recently commented on the company. Pareto Securities upgraded Metso Outotec Oyj from a “hold” rating to a “buy” rating in a research report on Monday, February 20th. Morgan Stanley lowered Metso Outotec Oyj from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, December 7th. AlphaValue upgraded Metso Outotec Oyj to a “reduce” rating in a report on Tuesday, February 21st. Citigroup downgraded shares of Metso Outotec Oyj from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 10th. Finally, UBS Group downgraded shares of Metso Outotec Oyj from a “buy” rating to a “neutral” rating in a research report on Wednesday, February 22nd.

Metso Outotec Oyj Price Performance

OUKPY stock opened at $4.86 on Friday. Metso Outotec Oyj has a 12 month low of $3.02 and a 12 month high of $5.85. The firm has a 50 day simple moving average of $5.43 and a 200 day simple moving average of $4.59.

Metso Outotec Oyj Company Profile

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Metso Outotec Oyj manufactures and supplies equipment for the mining industry. It is a supplier of sustainable technologies, end-to-end solutions and services for the minerals processing, aggregates, and metals refining industries. The firm operates through the following segments: Aggregates, Minerals, and Metals segments.