BELIMO HOLDING AG reduced its risk exposure resulting in an upgrade to Slightly Positive
BELIMO HOLDING AG (CH), a company active in the Building Materials & Fixtures industry, reduced its market risk and raised its general evaluation. The independent financial analyst theScreener awarded an improved star rating to the company, which now shows 2 out of 4 possible stars; its market behaviour has improved and can be considered as defensive. theScreener believes that this new assessment merits an overall rating upgrade to Slightly Positive. As of the analysis date December 22, 2020, the closing price was CHF 7,480.00 and its potential was estimated at CHF 9,017.77.Belimo Holding and its subsidiaries are engaged in the designs, manufacture and marketing of electric actuators for damper adjustment in heating, ventilation and air conditioning (HVAC) systems. Co. operates in two main areas. In the air application area, it offers standard actuators and spring-return actuators for air-control dampers in HVAC systems; safety actuators for motorizing fire and smoke extraction dampers, and variable air volume systems as air control in individual rooms. In the water application area, Co. offers mixing rotary actuators and motorized ball valves for HVAC water circuits, globe valves and intelligent linear actuators.
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