FLSmidth & Co. A/S (OTCMKTS:FLIDY) Upgraded by Barclays to “Hold” Rating

Barclays upgraded shares of FLSmidth & Co. A/S (OTCMKTS:FLIDYFree Report) from a strong sell rating to a hold rating in a report published on Tuesday morning,Zacks.com reports.

Separately, UBS Group raised FLSmidth & Co. A/S to a “hold” rating in a research note on Tuesday, December 9th. One research analyst has rated the stock with a Strong Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, FLSmidth & Co. A/S has a consensus rating of “Moderate Buy”.

View Our Latest Research Report on FLSmidth & Co. A/S

FLSmidth & Co. A/S Price Performance

FLIDY stock opened at $7.65 on Tuesday. The stock has a 50-day moving average price of $8.51 and a 200-day moving average price of $7.65. FLSmidth & Co. A/S has a 1-year low of $6.07 and a 1-year high of $9.20.

FLSmidth & Co. A/S (OTCMKTS:FLIDYGet Free Report) last announced its earnings results on Wednesday, February 18th. The company reported ($0.04) EPS for the quarter. The company had revenue of $634.87 million during the quarter.

About FLSmidth & Co. A/S

(Get Free Report)

FLSmidth & Co A/S is a Denmark‐based engineering group founded in 1882 by Frederik Læssøe Smidth. The company specializes in the design, manufacture and installation of equipment and services for the global cement and mining industries. Headquartered in Copenhagen, FLSmidth has built a reputation for supplying end‐to‐end solutions that support both greenfield and brownfield projects worldwide.

FLSmidth’s core offerings include crushing, grinding, separation and pyro‐processing equipment, as well as material handling systems and pumps.

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