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Barclays Remains a Buy on Atlas Copco AB (0XXT)

Tipranks - Tipranks - Thu Jan 15, 7:28PM CST

Barclays analyst Vladimir Sergievskiy maintained a Buy rating on Atlas Copco AB on January 13 and set a price target of SEK184.00. The company’s shares closed last Tuesday at SEK181.40.

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Sergievskiy covers the Industrials sector, focusing on stocks such as Metso Outotec, Siemens Energy, and Alfa Laval AB. According to TipRanks, Sergievskiy has an average return of -5.4% and a 39.66% success rate on recommended stocks.

Atlas Copco AB has an analyst consensus of Strong Buy, with a price target consensus of SEK183.67, which is a 1.25% upside from current levels. In a report released on January 7, Bernstein also upgraded the stock to a Buy with a SEK200.00 price target.

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0XXT market cap is currently SEK849.8B and has a P/E ratio of 32.01.

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