BARLOWORLD LTD/ADR (OTCMKTS:BRRAY) Upgraded by Zacks Investment Research to “Buy”

Zacks Investment Research upgraded shares of BARLOWORLD LTD/ADR (OTCMKTS:BRRAY) from a sell rating to a buy rating in a research note issued to investors on Wednesday, reports. They currently have $8.25 price objective on the stock.

According to Zacks, “Barlow LTD is an international industrial brand management company that achieves durability in business through long-term value creation. Barlow represents many of the world’s greatest brands in the marketplace. They provide the vital link between manufacturer and customer. They add value through sales, deliver after-market support and provide total solutions to their customers’ needs. Their brands include Caterpillar, Hyster, Perkins, Ditch Witch and many of the world’s leading automotive brands. “

Separately, ValuEngine upgraded BARLOWORLD LTD/ADR from a sell rating to a hold rating in a research note on Thursday, October 31st.

BARLOWORLD LTD/ADR stock traded down $0.10 during mid-day trading on Wednesday, hitting $7.35. 3,020 shares of the company traded hands, compared to its average volume of 5,342. The stock has a fifty day moving average price of $7.87 and a 200-day moving average price of $8.15. The stock has a market cap of $1.55 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 4.56 and a beta of 1.72. BARLOWORLD LTD/ADR has a one year low of $7.03 and a one year high of $10.76.

The business also recently disclosed a Semi-Annual dividend, which will be paid on Tuesday, January 28th. Shareholders of record on Friday, January 10th will be paid a dividend of $0.126 per share. The ex-dividend date of this dividend is Thursday, January 9th. This is a boost from BARLOWORLD LTD/ADR’s previous Semi-Annual dividend of $0.07. BARLOWORLD LTD/ADR’s payout ratio is currently 43.33%.


Barloworld Limited distributes products that provide integrated rental, fleet management, product support, and logistics solutions in South Africa, rest of Africa, the Middle East, and Russia. The company operates through Equipment, Automotive, and Logistics divisions. It offers short-term vehicle rental services; long-term vehicle lease and fleet management services to operators of passenger and commercial vehicles; and bulk used vehicle disposal solutions and other digital services.

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