AB SKF (SKFRY) Lifted to Buy at ValuEngine

ValuEngine upgraded shares of AB SKF (OTCMKTS:SKFRY) from a hold rating to a buy rating in a report released on Sunday morning.

Several other brokerages have also recently commented on SKFRY. Zacks Investment Research cut shares of AB SKF from a buy rating to a hold rating in a research note on Friday, September 22nd. JPMorgan Chase & Co. cut shares of AB SKF from a neutral rating to an underweight rating in a research note on Friday, December 8th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $24.00.

Shares of AB SKF (OTCMKTS SKFRY) opened at $22.78 on Friday. The company has a quick ratio of 1.36, a current ratio of 2.26 and a debt-to-equity ratio of 0.66. AB SKF has a 52 week low of $17.96 and a 52 week high of $23.25. The company has a market cap of $10,086.00, a PE ratio of 20.16, a P/E/G ratio of 1.03 and a beta of 0.37.

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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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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