Sika AG (OTCMKTS:SXYAY – Get Rating) has been given an average recommendation of "Moderate Buy" by the ten brokerages that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $418.50.
Several research analysts recently commented on SXYAY shares. Barclays reduced their target price on Sika from CHF 500 to CHF 485 and set an "overweight" rating for the company in a research report on Friday, April 8th. Credit Suisse Group lifted their price objective on Sika from CHF 412 to CHF 414 in a report on Friday, April 8th. Finally, Berenberg Bank lifted their price objective on Sika from CHF 325 to CHF 370 in a report on Friday, May 20th.
Get Sika alerts:Sika Stock Up 1.7 %
Shares of SXYAY stock opened at $24.17 on Thursday. Sika has a one year low of $21.60 and a one year high of $41.94. The stock has a fifty day moving average price of $24.62 and a 200 day moving average price of $30.17.
Sika Company Profile
(Get Rating)Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide. It offers tile adhesives and grouts, and systems for under-tile waterproofing and sound reduction, as well as renders and decorative finishes for exterior and interior walls; and develops and markets various admixtures and additives for use in concrete, cement, and mortar production, as well as flat roofing systems.
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