Alfa Laval (OTCMKTS:ALFVF) Rating Reaffirmed
EU: In a very recent research note announced on 9 December, Barclays Capital has decided to reaffirm their Underweight rating on Alfa Laval (OTCMKTS:ALFVF) shares. They now have a $135.00 target price on the firm. Barclays Capital’s target gives a potential upside of 658.43% from the company’s current stock price.
The stock closed the day at $17.8 during the previous session. It is up 3.26% since May 6, 2015 and is downtrending. It has underperformed by 2.46% the S&P500.
Alfa Laval AB is a Sweden firm engaged in the development, manufacture and marketing of products and solutions for heat transfer, separation and fluid handling. The company has a market cap of $7.47 billion. The Company’s products are used in various industries, including production of chemicals, starch, paper, metals, sugar and ethanol. It currently has negative earnings. The Company’s solutions are also used onboard vessels and in the engineering sector, mining industry and refinery sector, as well as for treating wastewater and creating a comfortable indoor climate.