Zacks Investment Research Upgrades OC OERLIKON CORP CHF1 (OERLF) to Buy

OC OERLIKON CORP CHF1 (NASDAQ:OERLF) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a report released on Wednesday. The brokerage currently has a $16.00 price target on the stock. Zacks Investment Research‘s price objective indicates a potential upside of 13.88% from the stock’s previous close.

According to Zacks, “OC Oerlikon Corporation AG provides technologies and services. Its operating segment consists of Surface Solutions, Manmade Fibers and Drive Systems. OC Oerlikon Corporation AG is headquartered in Pfäffikon, Switzerland. “

OC OERLIKON CORP CHF1 (OERLF) opened at 14.05 on Wednesday. The firm’s 50-day moving average is $14.21 and its 200 day moving average is $12.24. OC OERLIKON CORP CHF1 has a 12-month low of $9.78 and a 12-month high of $14.94. The firm has a market cap of $4.82 billion and a P/E ratio of 11.54.

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