Alfa Laval Corporate (OTCMKTS:ALFVY) Upgraded at The Goldman Sachs Group

Alfa Laval Corporate (OTCMKTS:ALFVY) was upgraded by equities research analysts at The Goldman Sachs Group from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

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

Alfa Laval Corporate Stock Down 1.9 %

Shares of OTCMKTS:ALFVY opened at $44.22 on Wednesday. The company has a quick ratio of 0.84, a current ratio of 1.34 and a debt-to-equity ratio of 0.22. 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. Alfa Laval Corporate has a 12 month low of $38.20 and a 12 month high of $48.46. The company’s 50-day moving average price is $44.14 and its two-hundred day moving average price is $44.10.

Alfa Laval Corporate (OTCMKTS:ALFVY) last announced its earnings results on Wednesday, February 5th. The company reported $0.46 earnings per share (EPS) 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, research analysts forecast that Alfa Laval Corporate will post 1.85 EPS for the current fiscal 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.