Alfa Laval Corporate (OTCMKTS:ALFVY) Rating Increased to Hold at The Goldman Sachs Group

The Goldman Sachs Group upgraded shares of Alfa Laval Corporate (OTCMKTS:ALFVY) from a strong sell rating to a hold rating in a research note issued to investors on Wednesday,Zacks.com reports.

Separately, Royal Bank of Canada raised shares of Alfa Laval Corporate from a “hold” rating to a “moderate buy” rating in a report on Wednesday, December 18th.

Alfa Laval Corporate Stock Performance

ALFVY stock opened at $44.22 on Wednesday. The stock’s 50 day simple moving average is $44.14 and its 200 day simple moving average is $44.10. Alfa Laval Corporate has a 12-month low of $38.20 and a 12-month high of $48.46. The firm has a market cap of $18.28 billion, a P/E ratio of 26.17, a P/E/G ratio of 2.08 and a beta of 1.43. The company has a current ratio of 1.34, a quick ratio of 0.84 and a debt-to-equity ratio of 0.22.

Alfa Laval Corporate (OTCMKTS:ALFVY) last issued its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share for the quarter, missing analysts’ consensus estimates of $0.52 by ($0.06). Alfa Laval Corporate had a return on equity of 18.34% and a net margin of 11.07%. As a group, equities research analysts predict that Alfa Laval Corporate will post 1.85 EPS for the current year.

About Alfa Laval Corporate

Alfa Laval Corporate AB provides heat transfer, separation, and fluid handling products and solutions worldwide. It operates in three divisions: Energy, Food & Water, and Marine. The company offers oil/gas-fired steam and composite steam boilers, exhaust gas economizer, and ballast water treatment systems, and exhaust gas cleaning products.