ATLAS COPCO AB/S (OTCMKTS:ATLKY) Lifted to Hold at Societe Generale

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Societe Generale upgraded shares of ATLAS COPCO AB/S (OTCMKTS:ATLKY) from a sell rating to a hold rating in a research report report published on Wednesday, The Fly reports.

A number of other equities research analysts have also recently commented on the company. Zacks Investment Research upgraded ATLAS COPCO AB/S from a sell rating to a hold rating in a report on Tuesday, July 16th. ValuEngine cut ATLAS COPCO AB/S from a buy rating to a hold rating in a report on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of Hold.

Shares of OTCMKTS:ATLKY opened at $32.30 on Wednesday. The business’s fifty day moving average price is $29.75 and its two-hundred day moving average price is $29.38. The stock has a market cap of $39.23 billion, a PE ratio of 20.84, a price-to-earnings-growth ratio of 1.79 and a beta of 1.27. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.10 and a current ratio of 1.51. ATLAS COPCO AB/S has a one year low of $22.31 and a one year high of $33.10.

ATLAS COPCO AB/S (OTCMKTS:ATLKY) last announced its earnings results on Monday, July 15th. The industrial products company reported $0.36 EPS for the quarter, meeting analysts’ consensus estimates of $0.36. The firm had revenue of $2.71 billion for the quarter, compared to analysts’ expectations of $2.66 billion. ATLAS COPCO AB/S had a return on equity of 38.98% and a net margin of 16.98%. As a group, equities research analysts predict that ATLAS COPCO AB/S will post 1.45 earnings per share for the current fiscal year.

ATLAS COPCO AB/S Company Profile

Atlas Copco AB, through its subsidiaries, provides productivity solutions worldwide. It offers piston compressors, oil-free tooth and scroll compressors, rotary screw compressors, oil-free blowers, oil-free centrifugal compressors, gas and process compressors, air and gas treatment equipment, and medical air solutions for use in manufacturing, oil and gas, and process industries.

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The Fly

Analyst Recommendations for ATLAS COPCO AB/S (OTCMKTS:ATLKY)

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