Kepler Capital analyst William Mackie maintained a Hold rating on Metso Outotec on July 23 and set a price target of €11.20. The company’s shares closed last Wednesday at €11.05.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Mackie covers the Industrials sector, focusing on stocks such as Alstom SA, LEGRAND, and ABB Ltd. According to TipRanks, Mackie has an average return of 9.1% and a 62.92% success rate on recommended stocks.
In addition to Kepler Capital , Metso Outotec also received a Hold from Jefferies’s David Farrell in a report issued on July 23. However, yesterday, RBC Capital maintained a Buy rating on Metso Outotec (LSE: 0MGI).
Based on Metso Outotec’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of €1.17 billion and a net profit of €118 million. In comparison, last year the company earned a revenue of €1.22 billion and had a net profit of €121 million
Read More on GB:0MGI: