Andritz (OTCMKTS:ADRZF – Get Free Report) is expected to announce its results before the market opens on Thursday, October 29th. Analysts expect Andritz to post earnings of $1.42 per share and revenue of $2.22 billion for the quarter.
Andritz Price Performance
Shares of Andritz stock opened at $89.17 on Tuesday. The firm has a 50-day moving average of $94.05 and a 200-day moving average of $85.92. Andritz has a 52-week low of $67.22 and a 52-week high of $94.95.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein initiated coverage on shares of Andritz in a research report on Wednesday, September 23rd. They set an “outperform” rating on the stock. One equities research analyst has rated the stock with a Buy rating. According to MarketBeat, the company presently has a consensus rating of “Buy”.
Andritz Company Profile
Andritz AG is an Austria-based international technology and engineering group that develops, supplies and services plants, systems and equipment for industrial and infrastructure applications. Its offerings include production technologies, automation solutions, aftermarket services and digital systems designed to support customers throughout the life cycle of their equipment and facilities.
The company operates through several core business areas, including pulp and paper, metals, hydropower, and environmental and energy solutions.
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