ValuEngine upgraded shares of AB SKF (OTCMKTS:SKFRY) from a sell rating to a hold rating in a research report released on Thursday.

A number of other equities analysts have also commented on SKFRY. Zacks Investment Research upgraded shares of AB SKF from a hold rating to a buy rating and set a $21.00 price objective on the stock in a report on Wednesday, June 27th. Deutsche Bank upgraded shares of AB SKF from a hold rating to a buy rating in a report on Wednesday, April 11th. Two 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. AB SKF presently has a consensus rating of Hold and an average target price of $21.00.

Shares of AB SKF opened at $20.21 on Thursday, Marketbeat Ratings reports. AB SKF has a 12 month low of $17.83 and a 12 month high of $25.34. The company has a current ratio of 2.17, a quick ratio of 1.31 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.60 and a beta of 0.63.

AB SKF (OTCMKTS:SKFRY) last issued its quarterly earnings data on Thursday, April 26th. The industrial products company reported $0.47 EPS for the quarter. AB SKF had a net margin of 8.07% and a return on equity of 21.55%. The firm had revenue of $2.54 billion for the quarter. sell-side analysts forecast that AB SKF will post 1.66 EPS for the current fiscal year.

AB SKF Company Profile

AB SKF (publ) offers bearings, seals, mechatronics, condition monitoring, lubrication systems, and services. It operates in two segments, Industrial and Automotive. The company's products include bearings, units, and housings; seals; lubrication solutions; linear motion systems; actuation systems, screws, and linear guides and tables; magnetic bearings/permanent magnetic electric motors; mechatronic solutions; maintenance products; condition monitoring systems; power transmission products and solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, powertrain, driveline, and steering and suspension products, as well as tools and lubricants.