Zacks Investment Research upgraded shares of Atlas Copco AB (NASDAQ:ATLKY) from a sell rating to a hold rating in a report released on Tuesday.

According to Zacks, “ATLAS COPCO is a world leading provider of industrial productivity solutions. The products and services range from compressed air and gas equipment, generators, construction and mining equipment, industrial tools and assembly systems, to related aftermarket and rental. In close cooperation with customers and business partners, and with 135 years of experience, Atlas Copco innovates for superior productivity. Headquartered in Stockholm, Sweden, the Group’s global reach spans more than 160 markets. “

Shares of Atlas Copco AB (NASDAQ:ATLKY) opened at 29.69 on Tuesday. The company’s 50-day moving average price is $29.17 and its 200-day moving average price is $26.71. Atlas Copco AB has a 12 month low of $19.91 and a 12 month high of $30.27. The company has a market cap of $36.11 billion and a P/E ratio of 28.58.

About Atlas Copco AB

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