Arkema S.A. (OTCMKTS:ARKAY) Receives Consensus Rating of “Hold” from Brokerages

Arkema S.A. (OTCMKTS:ARKAY – Get Rating) has earned an average recommendation of “Hold” from the fourteen research firms that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $128.00.

Several research firms have issued reports on ARKAY. Credit Suisse Group boosted their price objective on shares of Arkema from €101.00 ($109.78) to €103.00 ($111.96) in a research report on Friday, April 8th. JPMorgan Chase & Co. upped their price target on shares of Arkema from €136.00 ($147.83) to €142.00 ($154.35) in a research report on Friday, February 25th. Barclays upped their price target on shares of Arkema from €124.00 ($134.78) to €129.00 ($140.22) in a research report on Friday, February 4th. Zacks Investment Research raised shares of Arkema from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Kepler Capital Markets cut shares of Arkema from a “buy” rating to a “hold” rating in a research report on Wednesday, March 30th.

Shares of Arkema stock traded down $2.81 during trading hours on Monday, reaching $116.78. The company’s stock had a trading volume of 5,676 shares, compared to its average volume of 5,680. The firm has a 50 day moving average price of $127.27 and a 200-day moving average price of $134.73. Arkema has a one year low of $100.21 and a one year high of $152.18. The company has a debt-to-equity ratio of 0.42, a current ratio of 2.70 and a quick ratio of 2.06. The stock has a market cap of $8.68 billion, a P/E ratio of 5.74, a P/E/G ratio of 0.28 and a beta of 1.41.

Arkema (OTCMKTS:ARKAY – Get Rating) last released its quarterly earnings results on Thursday, February 24th. The basic materials company reported $3.26 EPS for the quarter. Arkema had a net margin of 13.90% and a return on equity of 14.98%. The firm had revenue of $2.86 billion during the quarter. As a group, sell-side analysts forecast that Arkema will post 11.34 EPS for the current fiscal year.

Arkema Company Profile (Get Rating)

Arkema SA manufactures and sells specialty chemicals and advanced materials worldwide. The company operates through Adhesive Solutions, Advanced Materials, Coating Solutions, and Intermediates segments. It provides adhesive solutions for construction, renovation of buildings, DIY, durable goods, and packaging and non-woven applications; and supplies technologies used in building activities for businesses and individuals, including sealants, tiles, flooring adhesives and waterproofing systems, and technologies used in industry, which include automotive, textiles, glazing, flexible and rigid packaging, and hygiene markets.

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