KONE Oyj (OTCMKTS:KNYJY) Stock Rating Reaffirmed by JPMorgan Chase & Co.

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KONE Oyj (OTCMKTS:KNYJY)‘s stock had its “buy” rating reaffirmed by JPMorgan Chase & Co. in a research note issued to investors on Tuesday, Analyst Ratings Network reports.

A number of other equities analysts have also recently commented on KNYJY. Kepler Capital Markets upgraded KONE Oyj from a “hold” rating to a “buy” rating in a report on Thursday, December 10th. BNP Paribas cut KONE Oyj from an “outperform” rating to a “neutral” rating in a report on Tuesday, December 1st. DNB Markets upgraded KONE Oyj from a “sell” rating to a “hold” rating in a report on Wednesday, September 23rd. Barclays restated an “equal weight” rating on shares of KONE Oyj in a report on Wednesday, October 14th. Finally, Berenberg Bank restated a “hold” rating on shares of KONE Oyj in a report on Thursday, September 24th. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and three have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $38.00.

KONE Oyj stock opened at $40.04 on Tuesday. KONE Oyj has a 52 week low of $24.30 and a 52 week high of $44.80. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.09 and a current ratio of 1.22. The stock has a market capitalization of $41.49 billion and a P/E ratio of 39.64. The stock has a 50-day simple moving average of $40.82 and a 200 day simple moving average of $41.06.

KONE Oyj (OTCMKTS:KNYJY) last posted its quarterly earnings results on Thursday, October 22nd. The company reported $0.29 EPS for the quarter. KONE Oyj had a return on equity of 33.13% and a net margin of 9.37%. The business had revenue of $3.02 billion during the quarter.

About KONE Oyj

KONE Oyj, together with its subsidiaries, engages in the elevator and escalator business worldwide. It offers elevators, escalators, auto walks, and automatic building doors. The company also provides maintenance services under the KONE Care and KONE 24/7 Connected name; modernization solutions; various residential solutions; KONE Access, an access control system, which is integrated with elevator system and building doors; destination control system that reduce waiting and travel times; KONE infotainment, a communication channel for building tenants and visitors; and monitoring solutions that enable real-time inspection of elevators and escalators.

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Analyst Recommendations for KONE Oyj (OTCMKTS:KNYJY)

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