Husqvarna AB (publ) (OTCMKTS:HSQVY) Given Consensus Rating of “Hold” by Analysts

Shares of Husqvarna AB (publ) (OTCMKTS:HSQVY) have been assigned an average recommendation of “Hold” from the seven research firms that are presently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating on the company.

Separately, DNB Markets cut shares of Husqvarna AB (publ) from a “buy” rating to a “hold” rating in a research report on Friday, January 29th.

Shares of Husqvarna AB (publ) stock traded up $0.77 on Wednesday, hitting $30.15. 6,530 shares of the company’s stock traded hands, compared to its average volume of 5,213. The firm’s 50-day moving average price is $27.98 and its two-hundred day moving average price is $24.86. Husqvarna AB has a one year low of $11.17 and a one year high of $30.63.

Husqvarna AB (publ) (OTCMKTS:HSQVY) last issued its earnings results on Wednesday, February 3rd. The company reported ($0.29) EPS for the quarter. The business had revenue of $776.44 million for the quarter.

About Husqvarna AB (publ)

Husqvarna AB (publ) produces and sells outdoor power and garden watering products, and cutting equipment and diamond tools. It operates through three divisions: Husqvarna, Gardena, and Construction. The Husqvarna division offers handheld products, such as chainsaws, brush cutters, trimmers, and leaf blowers; wheeled products, such as front riders and zero-turn mowers; robotic lawn mowers; and accessories and spare parts.

Further Reading: Systematic Risk and Investors

Analyst Recommendations for Husqvarna AB (publ) (OTCMKTS:HSQVY)

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