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Sandvik AB (ADR) (NASDAQ:SDVKY) price target upped to $18.00, issued a ratings update earlier today by Zacks Investment Research

Reporting a potential upside of 0.15%, Zacks Investment Research upped the price target of Sandvik AB (ADR) (NASDAQ:SDVKY) to $18.00

Having a price of $15.61, Sandvik AB (ADR) (NASDAQ:SDVKY) traded 1.00% higher on the day. With the last stock price up 9.68% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.04% over the same period. SDVKY has recorded a 50-day average of $16.21 and a two hundred day average of $15.58. Trade Volume was down over the average, with 4,423 shares of SDVKY changing hands under the typical 4,753

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Sandvik AB (ADR) has PE ratio of 24.63 with a one year low of $10.52 and a one year high of $17.11 and has a market capitalization of $0.

General Company Details For Sandvik AB (ADR) (NASDAQ:SDVKY)

Sandvik AB (Sandvik) is an engineering company in mining and rock excavation, metal-cutting and materials technology. The Company is engaged in the developing, manufacturing and marketing processed products and services. Its segments include Sandvik Machining Solutions, Sandvik Mining and Rock Technology, Sandvik Materials Technology and Other Operations. It operates in the areas of Mining, which includes delivering drill rigs; Engineering, which includes tools and tooling systems; Energy, which offers solutions for energy production; Automotive, which includes cemented-carbide tools and tooling systems; Construction, which provides solutions for the construction industry, and Aerospace, which works with aerospace companies. Its various product categories include metal-cutting tools and tooling systems; mining equipment and tools; construction equipment and tools; stainless steels, special alloys and titanium; furnace products and heating systems, and industrial processing systems.

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