ASSA ABLOY UNSP ADR EA REP 0.5 (ASAZY) Receives Consensus Rating of “Hold” from Brokerages
Shares of ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) have been assigned an average broker rating score of 3.00 (Hold) from the three brokers that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation.
Brokerages have set a 12 month consensus price target of $11.50 for the company and are expecting that the company will post $0.12 EPS for the current quarter, according to Zacks. Zacks has also given ASSA ABLOY UNSP ADR EA REP 0.5 an industry rank of 63 out of 265 based on the ratings given to related companies.
ASAZY has been the subject of a number of research reports. Goldman Sachs Group Inc. upgraded shares of ASSA ABLOY UNSP ADR EA REP 0.5 from a “neutral” rating to a “buy” rating in a report on Thursday, October 6th. Imperial Capital raised their target price on shares of ASSA ABLOY UNSP ADR EA REP 0.5 from $10.50 to $11.50 and gave the stock an “in-line” rating in a report on Wednesday, July 20th. Finally, Zacks Investment Research upgraded shares of ASSA ABLOY UNSP ADR EA REP 0.5 from a “hold” rating to a “buy” rating and set a $12.00 target price for the company in a report on Tuesday, July 26th.
Shares of ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) opened at 10.19 on Friday. ASSA ABLOY UNSP ADR EA REP 0.5 has a 12 month low of $8.75 and a 12 month high of $11.23. The company’s 50-day moving average is $10.10 and its 200-day moving average is $10.25. The stock has a market capitalization of $22.64 billion and a PE ratio of 24.91.
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