Atlas Copco AB Given Reduce Rating at AlphaValue (ATCO-B)

Atlas Copco AB (STO: ATCO-B)‘s stock had its “reduce” rating reaffirmed by research analysts at AlphaValue in a report released on Thursday, ARN reports. They currently have a SEK 157 target price on the stock.

A number of other firms have also recently commented on ATCO-B. Analysts at JPMorgan Chase reiterated a “neutral” rating on shares of Atlas Copco AB in a research note to investors on Wednesday. They now have a SEK 178 price target on the stock. Analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Atlas Copco AB in a research note to investors on Friday, May 24th. They now have a SEK 172 price target on the stock.

Atlas Copco AB is a Sweden-based provider of industrial productivity solutions. Its operations are divided into four business areas.