Zacks Investment Research Upgrades Atlas Copco (OTCMKTS:ALFVY) to “Strong-Buy”

Atlas Copco (OTCMKTS:ALFVY) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research note issued to investors on Monday, reports. The firm currently has a $25.00 price target on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 13.58% from the company’s previous close.

According to Zacks, “Alfa Laval AB engages on energy optimization, environmental protection and food production. Its operating segment consists of Equipment, Process Technology, Marine & Diesel, and Operations & Other. Equipment segment engages on sale of components to customers with recurring requirements and well-defined needs. Process Technology segment serves customers which require customized solutions to enhance the efficiency of their processes or boost their capacity. Marine & Diesel Division offers components, modules, systems and service for the marine and offshore markets and for land-based diesel power. Operations & Other segment covers the procurement, productions, and logistics, as well as the corporate overhead and non-core businesses. Alfa Laval AB is headquartered in Lund, Sweden. “

ALFVY has been the topic of a number of other research reports. Barclays downgraded shares of Atlas Copco from an “equal weight” rating to an “underweight” rating in a report on Thursday, June 11th. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Atlas Copco in a report on Friday, June 26th. Morgan Stanley reaffirmed an “equal weight” rating on shares of Atlas Copco in a report on Wednesday, March 11th. Finally, Citigroup reaffirmed a “buy” rating on shares of Atlas Copco in a report on Tuesday, June 16th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating, two have issued a buy rating and one has given a strong buy rating to the company’s stock. Atlas Copco has an average rating of “Hold” and an average price target of $25.00.

ALFVY stock opened at $22.01 on Monday. The company has a market cap of $9.13 billion, a P/E ratio of 16.67 and a beta of 1.08. Atlas Copco has a 52 week low of $14.39 and a 52 week high of $26.77. The company’s 50-day moving average price is $20.40 and its 200 day moving average price is $21.58. The company has a current ratio of 1.36, a quick ratio of 0.89 and a debt-to-equity ratio of 0.38.

Atlas Copco (OTCMKTS:ALFVY) last released its quarterly earnings data on Thursday, April 23rd. The company reported $0.25 EPS for the quarter. The firm had revenue of $1.10 billion for the quarter. Atlas Copco had a net margin of 11.28% and a return on equity of 19.74%. On average, equities research analysts expect that Atlas Copco will post 1.09 earnings per share for the current year.

Atlas Copco Company Profile

Alfa Laval AB (publ) provides heat transfer, separation, and fluid handling products and solutions worldwide. The company operates in five segments: Energy, Food & Water, Marine, Greenhouse, and Operations & Other. It offers fluid handling systems, such as automation and fluid control equipment; installation materials; analytical, cleaning validation, flow, level, pressure, temperature, and weighing instruments, as well as instrumentation accessories; mixing equipment; centrifugal, circumferential piston, rotary lobe, and screw pumps; rotary jet and spray heads; tank covers and accessories; and valves.

Further Reading: Why is cost of goods sold important?

Get a free copy of the Zacks research report on Atlas Copco (ALFVY)

For more information about research offerings from Zacks Investment Research, visit

Analyst Recommendations for Atlas Copco (OTCMKTS:ALFVY)

Receive News & Ratings for Atlas Copco Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Atlas Copco and related companies with's FREE daily email newsletter.