BELIMO (OTCMKTS:BLHWF) Shares Climb 7.6% – What’s Next?

BELIMO Holding AG (OTCMKTS:BLHWF – Get Free Report) was up 7.6% during mid-day trading on Monday. The company traded as high as $990.13 and last traded at $990.13. 1 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 100 shares. The stock had previously closed at $920.14.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BLHWF shares. UBS Group upgraded BELIMO from a “neutral” rating to a “buy” rating in a research note on Friday, October 23rd. Jefferies Financial Group reissued a “buy” rating on shares of BELIMO in a report on Sunday, October 11th. Five analysts have rated the stock with a Buy rating. According to data from MarketBeat.com, the stock has a consensus rating of “Buy”.

Get Our Latest Stock Report on BELIMO

BELIMO Stock Up 7.6%

The business’s 50 day simple moving average is $1,001.55 and its 200 day simple moving average is $1,034.43.

BELIMO Company Profile

(Get Free Report)

Belimo Holding AG develops, manufactures and sells technology for heating, ventilation and air-conditioning (HVAC) systems and building automation. The company’s products are designed to regulate and monitor the movement of air and water in commercial, industrial and residential buildings, with a focus on improving energy efficiency, indoor comfort and system performance.

Its product portfolio includes electric actuators, control valves, sensors and meters, as well as solutions for air-handling units, chilled-water systems, heating systems and fire and smoke protection applications.

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