Metso Oyj (OTCMKTS:MXCYY) Upgraded to “Hold” by ValuEngine

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Metso Oyj (OTCMKTS:MXCYY) was upgraded by ValuEngine from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday, ValuEngine reports.

A number of other brokerages have also commented on MXCYY. Zacks Investment Research upgraded Metso Oyj from a “sell” rating to a “hold” rating in a research report on Saturday, November 16th. JPMorgan Chase & Co. lowered Metso Oyj from an “overweight” rating to a “neutral” rating in a research report on Wednesday, October 2nd. Kepler Capital Markets upgraded Metso Oyj from a “reduce” rating to a “buy” rating in a research report on Tuesday, September 3rd. Finally, Credit Suisse Group lowered Metso Oyj from a “neutral” rating to an “underperform” rating in a research report on Wednesday, October 2nd. 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 stock currently has an average rating of “Hold” and an average target price of $11.00.

Shares of MXCYY opened at $9.25 on Tuesday. The business’s 50-day moving average price is $9.66 and its 200 day moving average price is $9.33. The stock has a market capitalization of $5.82 billion, a P/E ratio of 20.56, a P/E/G ratio of 0.89 and a beta of 1.79. Metso Oyj has a 1-year low of $6.22 and a 1-year high of $10.48. The company has a current ratio of 1.74, a quick ratio of 1.07 and a debt-to-equity ratio of 0.54.

Metso Oyj (OTCMKTS:MXCYY) last announced its quarterly earnings data on Friday, October 25th. The industrial products company reported $0.14 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. Metso Oyj had a return on equity of 20.00% and a net margin of 8.18%. The firm had revenue of $1.04 billion during the quarter. On average, research analysts predict that Metso Oyj will post 0.55 earnings per share for the current year.

About Metso Oyj

Metso Corporation, an industrial company, provides equipment and services for the mining, aggregates, recycling, and process industries worldwide. The company operates through two segment, Minerals and Flow Control. It offers mining solutions, including crushing, screening, grinding, classification, beneficiation, dewatering, pyro processing, bulk materials handling, and slurry pumping solutions, as well as wear and spare parts; and aggregates, such as crushers, screens, feeders, rock breakers, air classifiers, lokotrack mobile plants, NW rapid and portable plants, stationary plants, slurry pumps, and preowned equipment, as well as wear and spare parts.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Metso Oyj (OTCMKTS:MXCYY)

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