Berenberg Bank upgraded shares of AB SKF (OTCMKTS:SKFRY) from a sell rating to a hold rating in a research note issued to investors on Thursday, MarketBeat Ratings reports.
A number of other brokerages have also issued reports on SKFRY. Zacks Investment Research raised AB SKF from a hold rating to a buy rating and set a $24.00 target price on the stock in a research report on Wednesday, February 7th. ValuEngine raised AB SKF from a hold rating to a buy rating in a research report on Sunday, December 31st. Finally, JPMorgan Chase & Co. downgraded AB SKF from a neutral rating to an underweight rating in a report on Friday, December 8th.
AB SKF stock opened at $20.77 on Thursday. AB SKF has a 52-week low of $19.21 and a 52-week high of $25.34. The stock has a market capitalization of $9,425.75, a P/E ratio of 14.73, a price-to-earnings-growth ratio of 2.07 and a beta of 0.64. The company has a debt-to-equity ratio of 0.64, a current ratio of 2.32 and a quick ratio of 1.37.
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About AB SKF
AB SKF is a supplier of products, solutions and services within rolling bearings, seals, mechatronics, services and lubrication systems. The Company’s services include technical support, maintenance services, condition monitoring, asset efficiency optimization, engineering consultancy and training. The Company’s segments include Industrial and Automotive.
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