Analysts Set Solvay SA (OTC:SLVYY) PT at $114.75

Solvay SA (OTC:SLVYYGet Rating) has received a consensus rating of “Buy” from the six brokerages that are presently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating on the company. The average 1 year price objective among brokers that have updated their coverage on the stock in the last year is $114.75.

SLVYY has been the topic of several recent analyst reports. Societe Generale raised Solvay from a “hold” rating to a “buy” rating in a research note on Wednesday, February 2nd. Deutsche Bank Aktiengesellschaft cut their target price on Solvay from €135.00 ($142.11) to €120.00 ($126.32) and set a “buy” rating on the stock in a research note on Tuesday, April 5th. JPMorgan Chase & Co. lowered their price objective on shares of Solvay from €150.00 ($157.89) to €147.00 ($154.74) and set an “overweight” rating for the company in a report on Thursday, March 17th. UBS Group raised their price objective on shares of Solvay from €93.00 ($97.89) to €94.00 ($98.95) and gave the stock a “sell” rating in a report on Tuesday, January 18th. Finally, Credit Suisse Group lowered their price objective on shares of Solvay from €121.00 ($127.37) to €98.00 ($103.16) and set an “outperform” rating for the company in a report on Friday, April 8th.

Shares of OTC:SLVYY opened at $9.59 on Tuesday. The company’s 50-day moving average is $9.89. Solvay has a 12-month low of $8.75 and a 12-month high of $13.40.

Solvay Company Profile (Get Rating)

Solvay SA operates as an advanced materials and specialty chemicals worldwide. It operates through four segments: Materials, Chemicals, Solutions, and Corporate & Business Services. The Materials segment offers specialty polymers, including aromatic polymers, high barrier polymers, and fluoropolymers for the electronics, automotive, aircraft, and healthcare industries; and composite materials for civil and military aircraft manufacturers, as well as various industrial markets.

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Analyst Recommendations for Solvay (OTC:SLVYY)

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