Palfinger AG (OTCMKTS:PLFRF – Get Free Report)’s stock price dropped 3% during mid-day trading on Friday . The stock traded as low as $36.10 and last traded at $36.10. Approximately 300 shares were traded during trading, an increase of 33% from the average daily volume of 225 shares. The stock had previously closed at $37.20.
Analysts Set New Price Targets
Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Palfinger in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy”.
Check Out Our Latest Research Report on PLFRF
Palfinger Stock Performance
Palfinger Company Profile
Palfinger (OTCMKTS:PLFRF) is a global manufacturer of hydraulic lifting, loading and handling systems. Headquartered in Salzburg, Austria, the company offers a wide range of products including knuckle boom cranes, hook loaders, tail lifts and maritime cranes. These solutions are used across industries such as construction, transportation, waste management and offshore energy, providing vital equipment for material handling and lifting tasks on trucks, ships and stationary platforms.
Founded in 1932 by Richard Palfinger, the company has grown from a small regional workshop into an international technology leader.
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