Assa Abloy AB (ASAZY) – What Are Brokerages Saying About This Stock?

Shares of Assa Abloy AB (OTCMKTS:ASAZY) have earned an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the stock, MarketBeat reports. Three analysts have rated the stock with a hold rating, four have given a buy rating and one has issued a strong buy rating on the company.

Separately, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating on shares of Assa Abloy in a research note on Thursday, September 17th.

Assa Abloy Stock Performance

Shares of Assa Abloy stock opened at $18.65 on Tuesday. The company has a quick ratio of 0.63, a current ratio of 1.01 and a debt-to-equity ratio of 0.43. Assa Abloy has a 52 week low of $16.82 and a 52 week high of $21.98. The firm’s 50 day moving average is $17.95 and its two-hundred day moving average is $18.68. The firm has a market capitalization of $41.50 billion, a P/E ratio of 23.49, a P/E/G ratio of 2.17 and a beta of 1.15.

Assa Abloy Company Profile

Assa Abloy AB is a Sweden-based global provider of access solutions. The company develops, manufactures and sells products and systems that help secure, manage and automate access to buildings, properties and other facilities.

Its portfolio includes mechanical and electromechanical locks, electronic access-control systems, digital identification and authentication solutions, door hardware, security doors, entrance automation equipment and security solutions for hotels. Assa Abloy also provides related services, software and integrated systems for commercial, institutional, residential and industrial customers.

The company was formed in 1994 through the merger of Assa in Sweden and Abloy in Finland.