Zacks Investment Research upgraded shares of ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) from a sell rating to a hold rating in a research report report published on Tuesday.

According to Zacks, “Assa Abloy AB offers locks and security products. Its product offer include mechanical locks such as door locks and cylinder locks and security doors, electromechanical locks, electronic locks, door closers, door automatics, access control systems. Assa Abloy also provides secure identity solutions, contactless identification technology solutions, electronic lock systems and safes for hotels and cruise ships. The Company primarily sells in Europe and in North America. Assa Abloy AB is based in Stockholm, Sweden. “

Other analysts also recently issued reports about the stock. Goldman Sachs Group Inc. raised shares of ASSA ABLOY UNSP ADR EA REP 0.5 from a neutral rating to a buy rating in a research note on Thursday, October 6th. BNP Paribas raised shares of ASSA ABLOY UNSP ADR EA REP 0.5 from a neutral rating to an outperform rating in a research note on Tuesday.

Shares of ASSA ABLOY UNSP ADR EA REP 0.5 (NASDAQ:ASAZY) opened at 9.21 on Tuesday. ASSA ABLOY UNSP ADR EA REP 0.5 has a 52 week low of $8.75 and a 52 week high of $11.23. The stock has a 50 day moving average price of $9.40 and a 200 day moving average price of $10.08. The firm has a market capitalization of $19434.02 billion and a P/E ratio of 23.52.

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