Breaking Finance News

Assa Abloy (NYSE:ASAZY) has been upgraded from Neutral to Outperform in a statement by Exane BNP Paribas earlier today.

Having a price of $9.20, Assa Abloy (NYSE:ASAZY) traded 1.38% higher on the day. With the last close down -8.72% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same period. Assa Abloy has recorded a 50-day average of $9.40 and a two hundred day average of $10.09. Volume of trade was down over the average, with 87,250 shares of ASAZY changing hands under the typical 91,208

Exane BNP Paribas has upgraded Assa Abloy (NYSE:ASAZY) from Neutral to Outperform in a statement released on 11/29/2016.

Performance Chart

Assa Abloy (NYSE:ASAZY)

With a market cap of $0, Assa Abloy has 52 week low of $8.75 and a 52 week high of $11.23 with a PE ratio of 23.51 .

Brief Synopsis On Assa Abloy (NYSE:ASAZY)

ASSA ABLOY AB supplies door opening solutions in Europe, North America, South America, Asia, Oceana, the Middle East, and Africa. It offers mechanical and electromechanical locks, digital door locks, cylinders, security doors, hardware fittings, door frames, industrial high-security fencing and gates, and fire doors and hardware under the Abloy, Assa, ASSA ABLOY, Ikon, Mul-T-Lock, Tesa, Union, Vachette, Yale, Ameristar, Ceco, Corbin Russwin, Curries, Emtek, Medeco, Phillips, Sargent, La Fonte, Baodean, Guli, Pan Pan, Liyi, Doormax, Tianming, Guoqiang, Sahne, Longdian, Keylock, Xinmao, Huasheng, Gateman, Angel, King, the global, Lockwood, and Interlock brands. The company also provides secure identity solutions primarily in identity and access management, and contactless identification technology solutions under the HID Global and VingCard brands to healthcare, education, financial, government, and state institutions; and electronic lock systems, safes, energy management systems, and minibars for hotels and cruise ships under the VingCard and Elsafe product brands. In addition, it offers entrance automation products and components, such as automatic swing, sliding, and revolving doors; gate automation products; hardware for overhead sectional doors; garage doors; high-performance doors; docking solutions; and hangar doors under the Besam, Crawford, Albany, TKO, Megadoor, FlexiForce, Amarr, Kelley, Serco, Normstahl, Dynaco, Ditec, Entrematic, and EM brand names. The company sells its products through security systems integrators, locksmiths and security installers, building and lock wholesalers, retailers, DIY, hardware and security stores, OEMs, and door and window manufacturers. ASSA ABLOY AB is headquartered in Stockholm, Sweden.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.