Metso Corp. (MXCYY) Rating Lowered to Sell at Goldman Sachs Group Inc.

Goldman Sachs Group Inc. cut shares of Metso Corp. (OTCMKTS:MXCYY) from a neutral rating to a sell rating in a report issued on Thursday morning.

Several other brokerages also recently issued reports on MXCYY. Zacks Investment Research downgraded Metso Corp. from a buy rating to a hold rating in a research report on Wednesday, October 5th. Credit Suisse Group AG reaffirmed a neutral rating on shares of Metso Corp. in a research report on Tuesday, September 20th. Finally, Barclays PLC raised Metso Corp. from an underweight rating to an equal weight rating in a research report on Friday, July 22nd.

Shares of Metso Corp. (OTCMKTS:MXCYY) opened at 7.19 on Thursday. The firm has a market capitalization of $4.31 billion, a PE ratio of 23.61 and a beta of 2.03. The stock’s 50 day moving average price is $7.11 and its 200-day moving average price is $6.40. Metso Corp. has a 12 month low of $4.76 and a 12 month high of $7.43.

About Metso Corp.

Metso Oyj is a global supplier of sustainable technology and services for mining, aggregates, oil and gas, pulp, paper, as well as process industries. The Company’s segments include Minerals, Flow Control, and Group Head Office and other. The Minerals segment covers the Company’s mining, aggregates and recycling businesses.

Receive News & Ratings for Metso Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metso Corp. and related companies with's FREE daily email newsletter.

Leave a Reply

© 2006-2016 Mideast Time.