Barclays Remains a Hold on SKF AB (0NWX)
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According to TipRanks, Lee, CFA is a 2-star analyst with an average return of 1.2% and a 46.91% success rate. Lee, CFA covers the Industrials sector, focusing on stocks such as Jungheinrich, KION GROUP AG, and SKF AB.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SKF AB with a SEK231.00 average price target.
Based on SKF AB's latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of SEK23.97 billion and a net profit of SEK1.8 billion. In comparison, last year the company earned a revenue of SEK24.7 billion and had a net profit of SEK1.89 billion
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