Electrolux AB (ELUXY) Lifted to “Buy” at Goldman Sachs Group Inc.
Goldman Sachs Group Inc. upgraded shares of Electrolux AB (OTCMKTS:ELUXY) from a neutral rating to a buy rating in a report issued on Thursday morning, StockTargetPrices.com reports.
Several other equities analysts also recently weighed in on the company. Morgan Stanley downgraded Electrolux AB from an overweight rating to an equal weight rating in a research note on Thursday, July 21st. Royal Bank Of Canada downgraded Electrolux AB from an outperform rating to a sector perform rating in a research note on Thursday, July 21st. One analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $49.00.
Electrolux AB (OTCMKTS:ELUXY) opened at 49.31 on Thursday. The firm has a market cap of $7.09 billion, a price-to-earnings ratio of 23.96 and a beta of 1.42. Electrolux AB has a 52 week low of $41.22 and a 52 week high of $62.54. The stock has a 50 day moving average price of $50.03 and a 200 day moving average price of $52.76.
Electrolux AB Company Profile
Electrolux AB is a Sweden-based company engaged in producing home appliances. The Company operates through two business areas: consumer durables, which includes its five segments: Major Appliances Europe, Middle East and Africa, Major Appliances North America, Major Appliances Latin America, Major Appliances Asia/ Pacific, and Small Appliances, and professional products business, which includes the Company’s Professional Products segment.
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