SKF: Liberum removes stock from conviction list.
(CercleFinance.com) - Liberum has removed SKF from its conviction buy list, although this has not much impact on the share price in Stockholm this morning.
The broker said it remained "constructive" on the world's largest maker of industrial bearings, while seeing near-term concerns over pricing and margin expansion.
The SKF share is currently up 0.8% at 155.8 Swedish kroner amongst big caps in Stockholm.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The broker said it remained "constructive" on the world's largest maker of industrial bearings, while seeing near-term concerns over pricing and margin expansion.
The SKF share is currently up 0.8% at 155.8 Swedish kroner amongst big caps in Stockholm.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.