KONE Oyj (OTCMKTS:KNYJY) Given Consensus Recommendation of “Hold” by Analysts

Shares of KONE Oyj (OTCMKTS:KNYJY) have earned a consensus rating of “Hold” from the fourteen analysts that are covering the stock, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company.

A number of equities research analysts have commented on KNYJY shares. Zacks Investment Research upgraded KONE Oyj from a “sell” rating to a “hold” rating in a research report on Wednesday, April 7th. HSBC upgraded KONE Oyj from a “hold” rating to a “buy” rating in a research report on Monday, March 29th. Credit Suisse Group restated an “outperform” rating on shares of KONE Oyj in a research report on Wednesday. Morgan Stanley restated an “equal weight” rating on shares of KONE Oyj in a research report on Wednesday. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of KONE Oyj in a research report on Thursday, April 29th.

Shares of OTCMKTS KNYJY traded down $0.85 during trading on Friday, reaching $40.95. The company had a trading volume of 15,737 shares, compared to its average volume of 13,153. The company has a fifty day simple moving average of $40.93. KONE Oyj has a 12 month low of $38.25 and a 12 month high of $44.80. The company has a market cap of $42.42 billion, a PE ratio of 37.22 and a beta of 0.49. The company has a current ratio of 1.05, a quick ratio of 0.93 and a debt-to-equity ratio of 0.10.

KONE Oyj (OTCMKTS:KNYJY) last released its quarterly earnings results on Wednesday, April 28th. The company reported $0.22 EPS for the quarter. KONE Oyj had a return on equity of 35.64% and a net margin of 9.76%. The firm had revenue of $2.80 billion for the quarter.

KONE Oyj Company Profile

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, auto walks, and automatic building doors. The company also provides maintenance services under the KONE Care and KONE 24/7 Connected Services brand names; modernization solutions; and various residential solutions.

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Analyst Recommendations for KONE Oyj (OTCMKTS:KNYJY)

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