AB SKF (OTCMKTS:SKFRY) Receives Average Recommendation of “Hold” from Brokerages

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Shares of AB SKF (OTCMKTS:SKFRY) have been given a consensus recommendation of “Hold” by the six ratings firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the company.

Several research firms have recently weighed in on SKFRY. Zacks Investment Research cut shares of AB SKF from a “buy” rating to a “sell” rating in a report on Tuesday, January 14th. Nordea Equity Research raised shares of AB SKF from a “hold” rating to a “buy” rating in a report on Wednesday, February 5th.

AB SKF stock opened at $19.69 on Friday. The stock has a market cap of $9.11 billion, a P/E ratio of 15.39, a PEG ratio of 1.68 and a beta of 1.26. AB SKF has a fifty-two week low of $14.73 and a fifty-two week high of $21.10. The firm’s fifty day moving average price is $19.77 and its 200-day moving average price is $18.17. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.38 and a current ratio of 2.25.

AB SKF Company Profile

AB SKF (publ) offers bearings, seals, condition monitoring, lubrication systems, and services. It operates in two segments, Industrial and Automotive. The company's products include bearings, units, and housings; seals; lubrication solutions; lubricants; actuation systems, ball and roller screws, linear guides and tables, and engineering tools; magnetic bearings/permanent magnetic electric motors; mechatronic solutions; maintenance products; condition monitoring systems; power transmission products and solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, powertrain, driveline, and suspension products.

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