Sika AG (OTCMKTS:SXYAY – Get Rating) has been assigned an average rating of "Buy" from the nine brokerages that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a buy rating. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $349.20.
SXYAY has been the subject of several research analyst reports. Barclays dropped their target price on shares of Sika from CHF 320 to CHF 310 in a research report on Tuesday, July 26th. JPMorgan Chase & Co. lowered their price objective on shares of Sika from CHF 333 to CHF 277 in a research report on Monday, July 25th. Berenberg Bank boosted their price objective on shares of Sika from CHF 325 to CHF 370 in a research report on Friday, May 20th. Finally, Credit Suisse Group lowered their price objective on shares of Sika from CHF 414 to CHF 384 and set an "outperform" rating for the company in a research report on Tuesday, August 2nd.
Get Sika alerts:Sika Price Performance
SXYAY opened at $24.47 on Monday. The company has a 50-day moving average of $23.68 and a 200-day moving average of $28.23. Sika has a 1-year low of $21.60 and a 1-year high of $41.94.
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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