Royal Bank of Canada initiated coverage on shares of EPIROC AKTIEBOL/ADR (OTCMKTS:EPOKY) in a research note issued to investors on Tuesday morning, The Fly reports. The brokerage issued a sector perform rating on the stock.
A number of other analysts have also weighed in on EPOKY. UBS Group reaffirmed a buy rating on shares of EPIROC AKTIEBOL/ADR in a research note on Friday, April 24th. JPMorgan Chase & Co. reaffirmed a neutral rating on shares of EPIROC AKTIEBOL/ADR in a research note on Tuesday, June 23rd. Barclays reaffirmed an equal weight rating on shares of EPIROC AKTIEBOL/ADR in a research note on Thursday, April 30th. Morgan Stanley reaffirmed an equal weight rating on shares of EPIROC AKTIEBOL/ADR in a research note on Monday, April 27th. Finally, Deutsche Bank reaffirmed a sell rating on shares of EPIROC AKTIEBOL/ADR in a research note on Friday, April 24th. Three analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of Hold.
Shares of EPOKY opened at $12.82 on Tuesday. EPIROC AKTIEBOL/ADR has a 12-month low of $7.55 and a 12-month high of $12.90. The firm has a fifty day moving average price of $11.87 and a 200-day moving average price of $11.17.
Epiroc AB (publ), together with its subsidiaries, engages in the provision of various solutions for rock drilling and excavation, demolition, and recycling worldwide. The company operates through two segments, Equipment & Service, and Tools & Attachments. The Equipment & Service segment provides underground equipment, including face and production drill rigs and equipment for rock reinforcement, as well as loading and haulage, mechanical rock excavation, and ventilation systems; drill rigs for underground mining and infrastructure applications; rock reinforcement equipment for underground mining and tunneling; equipment for raiseboring, boxhole boring, and down reaming; and mechanical rock excavation equipment for continuous rock excavation in mining and tunneling.
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