NEWS

<p style="text-align:center;"> <img src="http://www.bearing.com.cn/membcentre/editor/attached/image/20180730/20180730092132_83262.jpg" alt="" /> </p> <p> ValuEngine upgraded shares of AB SKF (OTCMKTS:SKFRY) from a sell rating to a hold rating in a research report released on Thursday. </p> A number of other equities analysts have also commented on SKFRY. Zacks Investment Research upgraded shares of AB SKF from a hold rating to a buy rating and set a $21.00 price objective on the stock in a report on Wednesday, June 27th. Deutsche Bank upgraded shares of AB SKF from a hold rating to a buy rating in a report on Wednesday, April 11th. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has issued a buy rating to the company’s stock. AB SKF presently has a consensus rating of Hold and an average target price of $21.00.<br /> Shares of AB SKF opened at $20.21 on Thursday, Marketbeat Ratings reports. AB SKF has a 12 month low of $17.83 and a 12 month high of $25.34. The company has a current ratio of 2.17, a quick ratio of 1.31 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $9.08 billion, a price-to-earnings ratio of 14.33, a PEG ratio of 1.60 and a beta of 0.63.<br /> AB SKF (OTCMKTS:SKFRY) last issued its quarterly earnings data on Thursday, April 26th. The industrial products company reported $0.47 EPS for the quarter. AB SKF had a net margin of 8.07% and a return on equity of 21.55%. The firm had revenue of $2.54 billion for the quarter. sell-side analysts forecast that AB SKF will post 1.66 EPS for the current fiscal year.<br /> AB SKF Company Profile<br /> AB SKF (publ) offers bearings, seals, mechatronics, condition monitoring, lubrication systems, and services. It operates in two segments, Industrial and Automotive. The company's products include bearings, units, and housings; seals; lubrication solutions; linear motion systems; actuation systems, screws, and linear guides and tables; magnetic bearings/permanent magnetic electric motors; mechatronic solutions; maintenance products; condition monitoring systems; power transmission products and solutions; coupling systems; test and measurement equipment; and vehicle aftermarket products, such as wheel end, powertrain, driveline, and steering and suspension products, as well as tools and lubricants.<br />