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Atlas Copco AB (0XXT) Receives a Buy from Kepler Capital

Tipranks - Tipranks - Thu Jan 29, 8:16PM CST

Kepler Capital analyst Johan Sjoberg maintained a Buy rating on Atlas Copco AB on January 27 and set a price target of SEK220.00. The company’s shares closed last Tuesday at SEK186.60.

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According to TipRanks, Sjoberg is a 4-star analyst with an average return of 10.4% and a 74.23% success rate. Sjoberg covers the Industrials sector, focusing on stocks such as SKF AB, Atlas Copco AB, and Epiroc AB.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Atlas Copco AB with a SEK200.00 average price target, a 7.18% upside from current levels. In a report released yesterday, TipRanks – xAI also reiterated a Buy rating on the stock with a SEK206.00 price target.

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Based on Atlas Copco AB’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of SEK41.62 billion and a net profit of SEK6.68 billion. In comparison, last year the company earned a revenue of SEK43.11 billion and had a net profit of SEK7.17 billion

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