Metso Outotec Oyj (OTCMKTS:OUKPY) Receives Average Recommendation of “Buy” from Brokerages

Metso Outotec Oyj (OTCMKTS:OUKPY) has been assigned an average recommendation of “Buy” from the twelve brokerages that are presently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $11.00.

Several analysts recently weighed in on OUKPY shares. Morgan Stanley reissued an “overweight” rating on shares of Metso Outotec Oyj in a report on Wednesday, November 3rd. Berenberg Bank started coverage on Metso Outotec Oyj in a report on Tuesday, October 12th. They issued a “buy” rating for the company. Kepler Capital Markets raised Metso Outotec Oyj from a “hold” rating to a “buy” rating and boosted their price objective for the company from €10.50 ($11.93) to €11.00 ($12.50) in a report on Thursday, August 12th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Metso Outotec Oyj in a report on Thursday, August 5th.

Metso Outotec Oyj stock traded down $0.10 during midday trading on Thursday, hitting $5.21. The stock had a trading volume of 2,970 shares, compared to its average volume of 7,888. Metso Outotec Oyj has a 12 month low of $4.03 and a 12 month high of $6.84. The business has a fifty day moving average price of $4.94 and a 200 day moving average price of $5.43.

The business also recently announced a dividend, which will be paid on Friday, November 26th. Stockholders of record on Wednesday, November 3rd will be issued a dividend of $0.1184 per share. This represents a dividend yield of 2.39%. The ex-dividend date is Tuesday, November 2nd.

Metso Outotec Oyj Company Profile

Metso Outotec Oyj manufactures and supplies equipment for the mining industry. It is a supplier of sustainable technologies, end-to-end solutions and services for the minerals processing, aggregates, and metals refining industries. The firm operates through the following segments: Aggregates, Minerals, and Metals segments.

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Analyst Recommendations for Metso Outotec Oyj (OTCMKTS:OUKPY)

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