Zacks Investment Research Lowers Electrolux AB (ELUXY) to Hold

Zacks Investment Research lowered shares of Electrolux AB (NASDAQ:ELUXY) from a buy rating to a hold rating in a research note published on Tuesday morning.

According to Zacks, “Electrolux AB manufactures appliances and outdoor and industrial products. The Company produces household and commercial appliances, vacuum cleaners and other floor care machines, sewing machines, chain saws, lawn mowers, weed eaters, aluminum extrusions, conveyor systems and archive systems and recycles scrap metals and waste paper. Products are sold in Europe, North America and Asia. “

Electrolux AB (NASDAQ ELUXY) opened at 70.74 on Tuesday. Electrolux AB has a 12-month low of $44.24 and a 12-month high of $72.89.

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Electrolux AB Company Profile

AB Electrolux provides household appliances and appliances for professional use. The Company offers designs and sustainable solutions, under brands including Electrolux, AEG, Zanussi and Frigidaire. The Company’s segments include Major Appliances Europe, Middle East and Africa; Major Appliances North America; Major Appliances Latin America; Major Appliances Asia/Pacific; Small Appliances and Professional Products.

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