Kepler Capital Sticks to Their Buy Rating for Atlas Copco AB (0XXT)
Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Atlas Copco AB on August 25 and set a price target of SEK180.00. The company’s shares closed last Monday at SEK150.77.
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According to TipRanks, Sjoberg is a 3-star analyst with an average return of 5.5% and a 62.50% success rate.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Atlas Copco AB with a SEK171.00 average price target.
Based on Atlas Copco AB’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of SEK41.21 billion and a net profit of SEK6.52 billion. In comparison, last year the company earned a revenue of SEK44.8 billion and had a net profit of SEK7.64 billion
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