Alfa Laval AB Unsponsored ADR (OTCMKTS:ALFVY – Get Free Report) has been assigned a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company.
Several brokerages have issued reports on ALFVY. Royal Bank Of Canada reiterated an “outperform” rating on shares of Alfa Laval in a report on Thursday, July 30th. Pareto Securities raised Alfa Laval from a “hold” rating to a “buy” rating in a research report on Wednesday, July 22nd. Citigroup reiterated a “neutral” rating on shares of Alfa Laval in a report on Friday, August 7th. Danske lowered Alfa Laval to a “hold” rating in a research report on Tuesday, September 29th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Alfa Laval in a research report on Wednesday, July 22nd.
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Alfa Laval Trading Down 1.9%
Alfa Laval (OTCMKTS:ALFVY – Get Free Report) last announced its quarterly earnings data on Tuesday, July 21st. The company reported $0.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.62 by ($0.10). Alfa Laval had a return on equity of 18.41% and a net margin of 11.63%. The firm had revenue of $1.87 billion during the quarter, compared to the consensus estimate of $1.87 billion. As a group, analysts anticipate that Alfa Laval will post 2.25 earnings per share for the current year.
Alfa Laval Company Profile
Alfa Laval AB is a Sweden-based industrial technology company that develops products and systems for heat transfer, separation and fluid handling. Its solutions are used to improve energy efficiency, support clean-water and wastewater treatment, process food and beverages, and handle industrial fluids in a range of applications.
The company’s offerings include heat exchangers, separators, decanters, pumps, valves, hygienic equipment and related process systems. Alfa Laval serves customers in industries such as energy, marine transportation, food and beverage, chemicals, pharmaceuticals, water treatment and general manufacturing.
Founded in 1883 by Swedish engineer Gustaf de Laval, the company has grown into a global business with sales, service operations and manufacturing activities across Europe, North America, Asia and other international markets.
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